AAR CEO Holmes gets performance restricted stock grant worth about $15 million
AAR's Human Capital and Compensation Committee approved a special performance-based restricted stock grant of 161,500 shares to Chairman, CEO and President John M. Holmes on July 23, 2026. The award is tied entirely to stock price hurdles and cliff-vests on July 31, 2031, so shareholders should see it as a long-term pay alignment measure rather than a current cost.
Key points
- Grant of 161,500 shares of performance-based restricted stock to John M. Holmes, approved July 23, 2026, under the 2013 Stock Plan
- Targeted grant date fair value of about $15 million; the 100% award is tied to stock price performance
- Shares vest in thirds at 30-day volume weighted average prices of $175, $200 and $250, which are 35%, 54% and 93% premiums to the $129.47 closing price on July 23, 2026
- Cliff vesting date of July 31, 2031, subject to continued service, with limited exceptions for change in control, death, disability or termination without cause
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:59 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 24, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.