0000001750 false Common Stock, $1.00 par value AIR 0000001750 2022-10-24 2022-10-24 0000001750 us-gaap:CommonStockMember exch:XCHI 2022-10-24 2022-10-24 0000001750 us-gaap:CommonStockMember exch:XNYS 2022-10-24 2022-10-24 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
   

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 24, 2022

 

AAR CORP.

(Exact name of registrant as specified in its charter)

 

Delaware   1-6263   36-2334820
(State or other jurisdiction of
incorporation)		   (Commission File Number)   (IRS Employer Identification No.)

 

One AAR Place  
1100 N. Wood Dale Road  
Wood Dale, Illinois 60191
(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (630) 227-2000

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of Each Class   Trading Symbol(s)   Name of Each Exchange on Which Registered
Common Stock, $1.00 par value   AIR   New York Stock Exchange
    Chicago Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule  405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On October 24, 2022, H. John Gilbertson, Jr. provided AAR Corp. (the “Company”) notice of his decision to resign from the Board of Directors of the Company (the “Board”), effective October 27, 2022. Mr. Gilbertson’s decision to resign was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.

 

On October 26, 2022, the Board (i) approved a reduction in the size of the Board from eleven to ten directors and a reduction in the number of Class III directors from four to three directors and (ii) appointed Jennifer L. Vogel to serve as Chair of the Compensation Committee of the Board, each effective October 27, 2022, following the effective time of Mr. Gilbertson’s resignation.

 

 

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: October 27, 2022

 

  AAR CORP.
   
  By: /s/ Jessica A. Garascia
    Jessica A. Garascia
    Vice President, General Counsel, Chief Administrative Officer and Secretary