AeroVironment Board Member Shows Long-term Commitment with 3-Year Vesting Deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AeroVironment (AVAV) Director Phillip S. Davidson received a grant of 609 restricted stock awards on June 27, 2025, at a price of $278.07 per share. Following this transaction, Davidson now beneficially owns 3,181 shares directly.
Key details of the stock award:
- The restricted stock will vest in three equal installments on July 11 of 2026, 2027, and 2028
- Transaction was reported as a Form 4 filing, indicating changes in beneficial ownership
- The shares were acquired as a direct ownership position
This equity grant appears to be part of the company's director compensation program, demonstrating alignment between board member and shareholder interests through long-term vesting requirements.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davidson Phillip S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 609 | $278.07 | $169K |
Holdings After Transaction:
Common Stock — 3,181 shares (Direct)
Footnotes (1)
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FAQ
What is the vesting schedule for AVAV's restricted stock awards granted in June 2025?
The Restricted Stock Awards will vest in 3 equal installments on July 11, 2026, July 11, 2027, and July 11, 2028.
What position does Phillip Davidson hold at AVAV according to the Form 4?
According to the Form 4 filing, Phillip Davidson serves as a Director of AeroVironment Inc (AVAV), as indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.