AeroVironment director granted 957 restricted shares

AeroVironment director Michael Ruppert received 957 restricted shares that vest in July 2027 as part of his equity compensation.

Rhea-AI Filing Summary

AeroVironment Inc (symbol: AVAV) is the issuer of record for a Form 4 filing submitted to the SEC. Ruppert Michael reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc (AVAV) reported that director Michael Ruppert received a grant of 957 restricted shares of Common Stock on September 14, 2026. The shares were awarded at $0.00 per share as equity compensation and represent his entire 957-share direct holding after the transaction.

The restricted shares will vest in full on July 11, 2027, subject to Ruppert’s continued service to AeroVironment through that date. If his service ends earlier, a prorated portion of the award will vest immediately upon termination. No Rule 10b5-1 trading plan is reported for this award.

Insider Trade Summary

Grant/Award: 957 shares

Grant/Award 1 txn

Insider Ruppert Michael

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	957	$0.00	$0.00

Holdings After Transaction: Common Stock — 957 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Restricted shares granted: 957 shares Grant price per share: $0.00 per share Total shares held after transaction: 957 shares +1 more

4 metrics

Restricted shares granted 957 shares Grant to director Michael Ruppert on September 14, 2026

Grant price per share $0.00 per share Equity compensation award to Michael Ruppert

Total shares held after transaction 957 shares Ruppert’s direct AeroVironment holdings following the grant

Vesting date July 11, 2027 Restricted shares vest in full on this date, subject to continued service

Key Terms

restricted shares of Common Stock, vest in full, continued service, prorated portion

4 terms

restricted shares of Common Stock financial

"Represents a grant of restricted shares of Common Stock that will vest in full"

Restricted shares of common stock are company shares that cannot be sold or transferred until specific conditions are met, such as a set time period, performance targets, or regulatory approvals; they are often granted to founders, employees or early investors. They matter to investors because when the restrictions lift those shares can enter the market and increase the supply, potentially diluting existing holders and changing the stock’s price, similar to a locked faucet being opened and more water joining the flow.

vest in full financial

"that will vest in full on July 11, 2027, subject to the Reporting Person's"

continued service financial

"subject to the Reporting Person's continued service to the Issuer through such date"

prorated portion financial

"a prorated portion of the grant will vest immediately upon such termination"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did AVAV disclose for Michael Ruppert?

AeroVironment disclosed that director Michael Ruppert received a grant of 957 restricted shares of Common Stock on September 14, 2026, as equity compensation. These shares were awarded at $0.00 per share and are held directly.

When do Michael Ruppert’s 957 restricted AVAV shares vest?

The 957 restricted shares granted to Michael Ruppert will vest in full on July 11, 2027, provided he continues serving AeroVironment through that date. If his service ends earlier, a prorated portion vests immediately upon termination.

How many AeroVironment (AVAV) shares does Michael Ruppert hold after this grant?

Following the September 14, 2026 grant, Michael Ruppert holds 957 shares of AeroVironment Common Stock directly. This figure comes from the reported total shares following the transaction.

Was a Rule 10b5-1 trading plan involved in this AVAV Form 4 transaction?

No. The filing indicates that the Rule 10b5-1 checkbox is unchecked, meaning this September 14, 2026 grant of 957 restricted shares to Michael Ruppert was not reported as made under a Rule 10b5-1 trading plan.

Did Michael Ruppert buy or sell AVAV shares in the market in this filing?

No market purchases or sales were reported. The Form 4 shows only a grant of 957 restricted shares of AeroVironment Common Stock to Michael Ruppert as a compensation-related award, with no open-market buy or sell transactions.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/16/2026 - 04:07 PM Accepted by SEC EDGAR 09/16/2026 - 04:06 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ruppert Michael

(Last) (First) (Middle)

241 18TH STREET SOUTH

SUITE 650

(Street)

ARLINGTON VIRGINIA 22202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AeroVironment Inc [ AVAV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/14/2026		A		957(1)	A	$0	957	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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.

	Colby Petersen, attorney-in-fact	09/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)