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    New insider Flanagan Sarah Louise claimed ownership of 29,133 shares (SEC Form 3)

    12/19/25 5:02:02 PM ET
    $AIR
    Aerospace
    Industrials
    Get the next $AIR alert in real time by email
    SEC FORM 3 SEC Form 3
    FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0104
    Estimated average burden
    hours per response: 0.5
    1. Name and Address of Reporting Person*
    Flanagan Sarah Louise

    (Last) (First) (Middle)
    1100 N. WOOD DALE RD.

    (Street)
    WOOD DALE IL 60191

    (City) (State) (Zip)
    2. Date of Event Requiring Statement (Month/Day/Year)
    12/11/2025
    3. Issuer Name and Ticker or Trading Symbol
    AAR CORP [ AIR ]
    4. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    Director 10% Owner
    X Officer (give title below) Other (specify below)
    Interim CFO VP Fin Ops
    5. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    X Form filed by One Reporting Person
    Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Beneficially Owned
    1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
    Common Stock 29,133 D
    Table II - Derivative Securities Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
    Date Exercisable Expiration Date Title Amount or Number of Shares
    Stock Option 07/31/2019 07/09/2028 Common Stock 9,150 $48.09 D
    Stock Option 07/31/2020 07/08/2029 Common Stock 10,750 $37.66 D
    Stock Option 07/31/2022 07/12/2031 Common Stock 9,515 $37.74 D
    Stock Option 03/25/2023 03/25/2032 Common Stock 28 $50.93 D
    Stock Option 07/31/2023 07/18/2032 Common Stock 9,940 $41.88 D
    Stock Option 07/31/2024(1) 07/24/2033 Common Stock 6,915 $58.27 D
    Stock Option 07/31/2025(2) 07/22/2034 Common Stock 6,860 $67.02 D
    Stock Option 07/31/2026(3) 07/23/2035 Common Stock 6,090 $79.45 D
    Explanation of Responses:
    1. The option became exercisable as to 2,305 shares on July 31, 2024 and 2,305 shares on July 31, 2025 and becomes exercisable as to the remaining 2,305 shares on July 31, 2026.
    2. The option became exercisable as to 2,286 shares on July 31, 2025 and becomes exercisable as to 2,286 of the remaining shares on July 31, 2026 and 2,288 of the remaining shares on July 31, 2027.
    3. The awarded stock option vests and becomes exercisable in 1/3 annual installments beginning on July 31, 2026 and shall vest as follows: 33 1/3% on each of July 31, 2026, July 31, 2027 and July 31, 2028.
    /s/ Katherine Kwiat, power of attorney 12/19/2025
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $AIR alert in real time by email

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