AAR CORP Amends 8-K on Officer Changes, Compensation
Ticker: AIR · Form: 8-K/A · Filed: Jan 17, 2024 · CIK: 1750
| Field | Detail |
|---|---|
| Company | Aar CORP (AIR) |
| Form Type | 8-K/A |
| Filed Date | Jan 17, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: amendment, executive-changes, compensation, governance
TL;DR
**AAR CORP just amended an 8-K about executive changes and pay, so keep an eye on leadership.**
AI Summary
AAR CORP filed an 8-K/A on January 17, 2024, amending its original October 10, 2023, 8-K filing. This amendment, labeled "Amendment No. 1," clarifies information related to the "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers." While the specific details of the changes aren't provided in this excerpt, the filing indicates a refinement of previously reported executive or director-level changes and their compensation. This matters to investors because changes in leadership and executive compensation can signal shifts in company strategy, financial health, or governance, potentially impacting future stock performance.
Why It Matters
This amendment signals that AAR CORP is refining previously disclosed information regarding its leadership and executive pay, which can influence investor confidence and future company direction.
Risk Assessment
Risk Level: low — An 8-K/A is an amendment to a previous filing, typically for clarification, which is generally a low-risk event unless the underlying change is significant.
Analyst Insight
A smart investor would review the original 8-K from October 10, 2023, and then seek out the full text of this 8-K/A to understand the specific changes made regarding executive leadership and compensation, as these details could influence future company performance and governance.
Key Numbers
- 1 — Amendment Number (This is the first amendment to the original 8-K filing.)
- 001-06263 — SEC File Number (Identifies AAR CORP.'s registration with the SEC.)
- 630-227-2000 — Business Phone Number (Contact information for AAR CORP.)
Key Players & Entities
- AAR CORP. (company) — the registrant filing the 8-K/A
- October 10, 2023 (date) — Date of earliest event reported in the original 8-K
- January 17, 2024 (date) — Date the 8-K/A was filed
- Delaware (company) — State of incorporation for AAR CORP.
- 1-6263 (number) — Commission File Number for AAR CORP.
- 36-2334820 (number) — IRS Employer Identification No. for AAR CORP.
- $1.00 (dollar_amount) — par value of Common Stock
FAQ
What is the purpose of this 8-K/A filing by AAR CORP.?
This 8-K/A filing is an "Amendment No. 1" to a previous Current Report on Form 8-K, indicating that AAR CORP. is providing updated or clarified information related to the original filing's content, specifically concerning "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers."
When was the earliest event reported in the original 8-K that this amendment refers to?
The earliest event reported in the original 8-K, to which this amendment refers, occurred on October 10, 2023.
What is AAR CORP.'s state of incorporation and its Commission File Number?
AAR CORP. is incorporated in Delaware, and its Commission File Number is 1-6263.
What specific items from the SEC's Form 8-K are being addressed in this filing?
This filing addresses Item 5.02, which covers "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers."
What is the par value of AAR CORP.'s Common Stock as mentioned in the filing?
The filing states that AAR CORP.'s Common Stock has a par value of $1.00.
Filing Stats: 464 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-01-17 13:36:53
Key Financial Figures
- $1.00 — Common Stock, $1.00 par value AIR UNITED STATES SECUR
Filing Documents
- tm243517d1_8ka.htm (8-K/A) — 27KB
- 0001104659-24-004396.txt ( ) — 246KB
- air-20231010.xsd (EX-101.SCH) — 3KB
- air-20231010_def.xml (EX-101.DEF) — 28KB
- air-20231010_lab.xml (EX-101.LAB) — 37KB
- air-20231010_pre.xml (EX-101.PRE) — 26KB
- tm243517d1_8ka_htm.xml (XML) — 5KB
02. Departure of Directors or Certain Officers; Election of Directors; Appointment
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. AAR CORP. (the "Company") is filing this amendment to its Current Report on Form 8-K filed on October 12, 2023, which reported the appointment of Billy J. Nolen to the Company's Board of Directors (the "Board"). At the time of the appointment, the Board had not appointed Mr. Nolen to any of its committees. On January 16, 2024, the Board appointed Mr. Nolen to the Board's Aviation Safety and Training Committee, effective immediately.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 17, 2024 AAR CORP. By: /s/ Jessica A. Garascia Jessica A. Garascia Senior Vice President, General Counsel, Chief Administrative Officer and Secretary