secwatch.observer — SEC 8-K summary
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Issuer:     AAR CORP (AIR)
CIK:        0000001750
Form:       8-K
Filed at:   2026-07-24T10:01:20+00:00
Accession:  0001104659-26-086424
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAR grants CEO John Holmes 161,500 performance-based restricted shares with $175-$250 price targets
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- Grant of 161,500 shares to CEO John Holmes; target fair value ~$15M, approved by Compensation Committee on July 23, 2026.
- Shares cliff vest on July 31, 2031, contingent on stock price hurdles: $175, $200, $250 (33.33% each).
- Hurdles represent 35%-93% premium over $129.47 closing price on grant date; full vesting requires stock to more than double from FY2026 end.
- Award is separate from annual LTI; designed for long-term retention and alignment with stockholder value creation.
- In change of control or certain terminations, a portion may vest based on achieved hurdles; otherwise forfeited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750/000110465926086424/0001104659-26-086424-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750/000110465926086424/tm2621198d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-086424

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer