Stephen Page to retire from AeroVironment, Inc. (NASDAQ: AVAV) board in 2026

Rhea-AI Filing Summary

AeroVironment, Inc. reported that director Stephen F. Page has decided to retire from its Board of Directors and will not stand for re-election at the company’s 2026 annual meeting of stockholders.

He will continue serving on the Board, Audit Committee, and Nominating and Corporate Governance Committee until his term ends at the start of the 2026 annual meeting, anticipated for September 24, 2026. The company states that his decision is not due to any disagreement with AeroVironment, its auditors, or advisors regarding operations, policies, or practices. AeroVironment also furnished, under Regulation FD, a press release describing his planned retirement and highlighting his 13 years of service to the company.

8-K Event Classification

3 items: 5.02, 7.01, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Board tenure: 13 years Annual meeting date: September 24, 2026 Press release date: July 29, 2026

3 metrics

Board tenure 13 years Duration of Stephen F. Page’s service on AeroVironment’s Board of Directors

Annual meeting date September 24, 2026 Anticipated date of AeroVironment’s 2026 annual meeting of stockholders

Press release date July 29, 2026 Date AeroVironment issued press release on Stephen F. Page’s planned retirement

Key Terms

Regulation FD, forward-looking statements, loitering munitions, directed energy systems, +1 more

5 terms

Regulation FD regulatory

"Item 7.01 Regulation FD Disclosure on July 29, 2026"

Regulation FD is a rule that prevents company insiders, like executives, from sharing important information with some people before others get it. It matters because it helps ensure all investors have equal access to key news, making the stock market fairer and reducing chances of insider trading.

forward-looking statements regulatory

"Safe Harbor Statement refers to certain statements as forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

loitering munitions technical

"The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies"

A loitering munition is a weapon that combines a small, guided aircraft and its explosive warhead into a single system that can fly over an area, wait while searching for a target, then dive in to destroy it — think of it as a drone with a built‑in bomb that can loiter like a hawk before striking. Investors care because demand, production, export rules, and ethical or regulatory restrictions can sharply affect defense company revenues, supply chains, and share prices.

directed energy systems technical

"The Company develops directed energy systems and cyber and electronic warfare capabilities"

counter-UAS technologies technical

"The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →

Available on EDGAR 07/29/2026 - 09:10 AM Accepted by SEC EDGAR 07/29/2026 - 09:10 AM Learn about SEC filing dates

FAQ

What board change did AeroVironment (AVAV) disclose regarding Stephen F. Page?

AeroVironment disclosed that Stephen F. Page will retire from its Board and not stand for re-election at the 2026 annual meeting of stockholders, ending his service after 13 years as a director and committee member.

When will Stephen F. Page’s retirement from AeroVironment (AVAV) take effect?

Stephen F. Page’s retirement becomes effective at the start of AeroVironment’s 2026 annual meeting of stockholders, which the company anticipates will be held on September 24, 2026, following completion of his current term on the Board.

Will Stephen F. Page remain on AeroVironment (AVAV) board committees until his retirement?

Yes. Stephen F. Page will continue serving on the Board, its Audit Committee, and its Nominating and Corporate Governance Committee until his term ends at the start of AeroVironment’s 2026 annual meeting of stockholders.

Did AeroVironment (AVAV) report any disagreement behind Stephen F. Page’s decision?

AeroVironment stated that Stephen F. Page’s decision not to stand for re-election was not due to any disagreement with the company, its auditors, or advisors on matters related to operations, policies, or practices.

How did AeroVironment (AVAV) communicate Stephen F. Page’s planned retirement to the market?

AeroVironment issued a press release dated July 29, 2026 describing Stephen F. Page’s planned retirement and furnished it under Regulation FD, emphasizing his 13 years of strategic, financial, and governance contributions to the company.

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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): July 23, 2026

AEROVIRONMENT, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-33261		95-2705790
(State or other jurisdiction of		(Commission File Number)		(I.R.S. Employer Identification No.)
incorporation or organization)

241 18th Street South, Suite 650
Arlington, Virginia		22202
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (703) 418-2828

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 (see General Instruction A.2. below):

¨    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, $0.0001 par value	AVAV	The NASDAQ Stock Market LLC

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 July 23, 2026, Stephen Page, a member of the AeroVironment, Inc. (the “Company”) Board of Directors (the “Board”), notified the Board of his decision to retire from the Board effective upon the expiration of his current term and not stand for re-election as a director of the Company. Mr. Page will continue to serve as a director and as a member of the Board’s Audit Committee and Nominating and Corporate Governance Committee until the completion of his term, which will end at the start of the Company’s 2026 annual meeting of stockholders, anticipated to be held on September 24, 2026 (the “Annual Meeting”). Mr. Page’s decision not to stand for re-election was not due to any disagreement with the Company, its auditors or advisors on any matter relating to the Company or its operations, policies or practices.

Item 7.01 Regulation FD Disclosure

On July 29, 2026, the Company issued a press release regarding Mr. Page’s decision to retire and not stand for re-reelection to the Board at the Annual Meeting, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.

The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. Such information shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.

Item 9.01.  Financial Statements and Exhibits

(d)  Exhibits.

Exhibit
Number		Description
99.1		Press release issued by AeroVironment, Inc., dated July 29, 2026.
104		Cover Page Interactive Data File (embedded within 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.

	AEROVIRONMENT, INC.
Date: July 29, 2026	By:	/s/ Melissa Brown
		Melissa Brown
		Executive Vice President, Chief Legal Officer & Corporate Secretary

3

Exhibit 99.1

 

AeroVironment Announces Planned Retirement of Stephen F. Page from Board of Directors

ARLINGTON, Va. – July 29, 2026 – AeroVironment, Inc. (“AV”) (NASDAQ: AVAV) today announced that Stephen F. Page, a member of AV’s Board of Directors (the “Board”), has informed the Board of his decision not to seek re-election and to retire from the Board at the company’s 2026 Annual Meeting of Stockholders.

During his 13 years on AV’s Board, Mr. Page provided strategic, financial and governance oversight that supported the company’s growth and evolution into a leading multi-domain defense technology provider.

“Since Steve joined AV’s Board 13 years ago, the company has evolved from a pure-play UAS business into a cutting-edge provider of autonomous, space, cyber and directed energy systems,” said Wahid Nawabi, AV’s chairman, president and chief executive officer. “Steve’s financial discipline and governance rigor were a steady hand through that transformation. On behalf of the Board and our entire team, I thank Steve for his dedicated service, and we wish him all the best.”

“It has been a privilege to serve on AV’s Board and to support the company as it diversified its platform and sharpened its operational excellence,” said Mr. Page. “I am grateful for the opportunity to work alongside my fellow directors and the company’s management team as we strengthened the company’s position as a leading defense technology innovator. I am proud of what we have accomplished together and remain highly confident that the company is well positioned for continued growth, success and value creation.”

About AV

AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The Company develops and deploys autonomous systems, loitering munitions, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities—built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. At the core of these technologies lies AV_Halo™, a modular, mission-ready suite of AI-powered software tools that empowers warfighters and enables full-battlefield dominance: detect, decide, deliver. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities at speed, scale, and operational relevance. For more information, visit www.avinc.com.

 

Safe Harbor Statement

Certain statements in this press release may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties, which could cause actual results to differ materially. Factors that may cause such differences include, but are not limited to, our ability to perform under existing contracts and obtain new ones; regulatory changes; competitor activities; market growth; product development challenges; and general economic conditions. For a more detailed discussion of these risks, please refer to AeroVironment’s filings with the Securities and Exchange Commission. We undertake no obligation to update forward-looking statements as a result of new information or future events.

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Media Contact:

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bj.koubaroulis@avinc.com

703.718.4060

Investor Contact:

Denise Pacioni

ir@avinc.com

805.795.4108

Filing Exhibits & Attachments

4 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 8.2 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB