AeroVironment (NASDAQ: AVAV) director awarded 1,439 restricted shares and corrects trust holdings
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
MULLER EDWARD R reported acquisition or exercise transactions in this Form 4 filing.
AeroVironment Inc director Edward R. Muller reported compensation-related stock grants and updated indirect holdings. On July 2, 2026, he received two grants of Common Stock totaling 1,439 restricted shares, one regular grant of 392 shares and a special grant of 1,047 shares awarded for additional director services during the prior fiscal year.
Both grants carry a vesting schedule that vests in full on July 11, 2027, subject to his continued service, with prorated vesting if service ends earlier, and are tied to his deferred compensation plan. The filing also reflects indirect holdings in a family trust and an IRA, and amends a prior Form 4 to correct a typographical error in the number of shares owned in the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MULLER EDWARD R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,047 | $0.00 | -- |
| Grant/Award | Common Stock | 392 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,752 shares (Direct, null);
Common Stock — 48,695 shares (Indirect, See Footnote)
Footnotes (1)
- Represents a grant of restricted shares of Common Stock that will vest in full on July 11, 2027, subject to the Reporting Person's continued service to the Issuer through such date. If the Reporting Person's service terminates prior to the vesting date, a prorated portion of the grant will vest immediately upon such termination. These shares are subject to Mr. Muller's deferred compensation plan. Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services performed during the prior fiscal year. The shares vest in full on July 11, 2027, subject to continued service; provided that upon the Reporting Person's termination of services, a prorated portion of the grant will vest immediately upon termination of services. These shares are subject to Mr. Muller's deferred compensation plan. Shares are held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust, of which Mr. Muller is one of the trustees. Mr. Muller disclaims beneficial ownership of any securities in which he does not have a pecuniary interest. This amendment corrects an inadvertent typographical error for the shares owned in the Trust in Table 1, Column 5, Line 3 of the original Form 4. Shares are held by the Edward R. Muller IRA of which Mr. Muller has sole power of disposition.
Key Figures
Restricted stock grant: 392 shares
Special restricted grant: 1,047 shares
Total new restricted shares: 1,439 shares
+4 more
7 metrics
Restricted stock grant
392 shares
Regular director grant of Common Stock at $0.0000 per share
Special restricted grant
1,047 shares
Special director grant for additional services at $0.0000 per share
Total new restricted shares
1,439 shares
Sum of two compensation-related Common Stock grants
Direct holdings after grant (line 1)
3,144 shares
Total shares following one of the direct grant transactions
Direct holdings after grant (line 2)
2,752 shares
Total shares following the other direct grant transaction
Indirect trust holdings
810 shares
Common Stock held indirectly with nature of ownership per footnote
Additional indirect holdings
48,695 shares
Common Stock held indirectly with nature of ownership per footnote
Key Terms
restricted shares of Common Stock, deferred compensation plan, special grant, Family Trust, +2 more
6 terms
deferred compensation plan financial
"These shares are subject to Mr. Muller's deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
special grant financial
"Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services"
Family Trust financial
"Shares are held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust"
IRA financial
"Shares are held by the Edward R. Muller IRA of which Mr. Muller has sole power of disposition"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Form 4 regulatory
"This amendment corrects an inadvertent typographical error for the shares owned in the Trust in Table 1, Column 5, Line 3 of the original Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider stock grants were reported for AeroVironment (AVAV) director Edward R. Muller?
Edward R. Muller reported two restricted stock grants totaling 1,439 AeroVironment shares. One grant covers 392 shares and the other 1,047 shares, both awarded as director compensation and recorded at a transaction price of $0.0000 per share.
What are the vesting terms of Edward R. Muller’s new AVAV restricted stock awards?
Both restricted stock grants vest in full on July 11, 2027. Vesting is subject to Mr. Muller’s continued service to AeroVironment through that date, with a prorated portion vesting immediately if his service terminates before the scheduled vesting date.
Why did AeroVironment (AVAV) grant a special restricted stock award to Edward R. Muller?
The 1,047-share grant is a special award for additional director services. It compensates Mr. Muller for extra director duties performed during the prior fiscal year and follows the same vesting schedule and prorated vesting provisions as the regular restricted stock grant.
How does the Form 4/A amendment affect Edward R. Muller’s AVAV trust holdings?
The amendment corrects a typographical error in previously reported trust shares. It clarifies the number of AeroVironment shares held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust, for which Mr. Muller is one of the trustees and disclaims beneficial ownership without pecuniary interest.
What indirect AeroVironment (AVAV) holdings does Edward R. Muller report in this filing?
Mr. Muller reports indirect AVAV holdings through a family trust and an IRA. Shares are held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust and by the Edward R. Muller IRA, where he has sole power of disposition over the IRA shares.