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Common Stock, $1.00 par value   AIR  

 

 

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): September 17, 2024

 

AAR CORP.

(Exact name of registrant as specified in its charter)

 

Delaware   1-6263   36-2334820
(State of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)

 

One AAR Place
1100 N. Wood Dale Road
Wood Dale, Illinois 60191
(Address and Zip Code of Principal Executive Offices)
 
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 5.07.Submission of Matters to a Vote of Security Holders.

 

On September 17, 2024, AAR CORP. (the “Company”) held its 2024 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, 34,102,046 shares of common stock, par value $1.00 per share, or approximately 95% of the 35,849,986 shares of common stock outstanding and entitled to vote at the Annual Meeting, were present in person or by proxy. Set forth below are the matters acted upon by the Company’s stockholders at the Annual Meeting, as such matters are more fully described in the Company’s proxy statement filed on August 6, 2024, and the final voting results on each such matter.

 

Proposal 1:Election of Directors.

 

The stockholders elected each of the Company’s three Class I director nominees for a three-year term expiring at the 2027 annual meeting, as reflected in the following voting results:

 

Name of Nominee  For  Against  Abstain  Broker
Non-Votes
Michael R. Boyce  23,666,496  8,580,803  6,703  1,848,044
Billy J. Nolen  31,012,875  1,234,524  6,603  1,848,044
Jennifer L. Vogel  28,730,606  3,516,703  6,693  1,848,044

 

The continuing directors of the Company are John W. Dietrich, Jeffrey N. Edwards, John M. Holmes, Robert F. Leduc, Ellen M. Lord, Duncan J. McNabb, Peter Pace and Marc J. Walfish.

 

Proposal 2:Advisory Proposal to Approve our Fiscal 2024 Executive Compensation.

 

The stockholders approved the advisory proposal for our Fiscal 2024 executive compensation, as reflected in the following voting results:

 

For  Against  Abstain  Broker Non-Votes
30,087,740  2,147,236  19,026  1,848,044

 

Proposal 3:Ratification of Appointment of Independent Registered Public Accounting Firm.

 

The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending May 31, 2025, as reflected in the following voting results:

 

For  Against  Abstain
32,850,091  1,244,680  7,275

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit No.   Description
     
104   Cover Page Interactive Data File (embedded in the Inline XBRL document)

 

2

 

 

SIGNATURE

 

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:      September 17, 2024

 

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

 

3

 

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Cover
Sep. 17, 2024
Document Information [Line Items]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 17, 2024
Entity File Number 1-6263
Entity Registrant Name AAR CORP.
Entity Central Index Key 0000001750
Entity Tax Identification Number 36-2334820
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One One AAR Place
Entity Address, Address Line Two 1100 N. Wood Dale Road
Entity Address, City or Town Wood Dale
Entity Address, State or Province IL
Entity Address, Postal Zip Code 60191
City Area Code 630
Local Phone Number 227-2000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member] | NYSE CHICAGO, INC. [Member]  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, $1.00 par value
Trading Symbol AIR
Security Exchange Name CHX
Common Stock [Member] | NEW YORK STOCK EXCHANGE, INC. [Member]  
Document Information [Line Items]  
Title of 12(b) Security Common Stock, $1.00 par value
Trading Symbol AIR
Security Exchange Name NYSE
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