AAR CORP. approved a special long-term performance incentive grant of 161,500 shares of performance-based restricted stock to Chairman, CEO, and President John M. Holmes, with a targeted grant date fair value of approximately $15 million. The award is tied to stock price hurdles of $175, $200, and $250 per share, with a five-year vesting period ending July 31, 2031. AAR CORP. is an aviation aftermarket platform provider.

AAR CORP. reported financial results for the fourth quarter and fiscal year 2026 ended May 31, 2026. For Q4, sales rose 23% to $928 million, with GAAP diluted EPS of $1.27 and adjusted diluted EPS of $1.53. Full year 2026 sales increased 19% to $3.3 billion, with GAAP diluted EPS of $4.86 and adjusted diluted EPS of $5.05. The company announced a segment realignment and the wind-down of its Legacy Commercial Programs business. Net leverage decreased to 2.03x as of May 31, 2026. Guidance for Q1 FY2027 projects sales growth (excluding Legacy Commercial Programs) of 21% to 23% and an adjusted EBITDA margin of 12.25% to 12.75%. The company operates in the aerospace and defense industry, providing aviation aftermarket services including parts supply, repair, engineering, and software.