AeroVironment (AVAV) director Mary Beth Long receives new restricted stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Long Mary Beth reported acquisition or exercise transactions in this Form 4 filing.
AeroVironment Inc director Mary Beth Long reported two stock awards of Common Stock on Form 4. The filing shows grants of 130 restricted shares and 1,047 restricted shares as compensation, each at a stated price of $0.00 per share.
According to the footnotes, both awards consist of restricted shares that vest in full on July 11, 2027, subject to her continued service. If her service ends before that date, a prorated portion of each grant will vest immediately upon termination, with the remainder forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Long Mary Beth
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,047 | $0.00 | -- |
| Grant/Award | Common Stock | 130 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,090 shares (Direct, null)
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. 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.
Key Figures
Restricted stock grant 1: 130 shares
Restricted stock grant 2: 1,047 shares
Grant price per share: $0.00 per share
+1 more
4 metrics
Restricted stock grant 1
130 shares
Grant of restricted Common Stock to director Mary Beth Long
Restricted stock grant 2
1,047 shares
Additional restricted Common Stock award as director compensation
Grant price per share
$0.00 per share
Reported transaction price for both restricted stock grants
Vesting date
July 11, 2027
Both restricted stock grants vest in full on this date, subject to continued service
Key Terms
restricted shares, grant of restricted shares, special grant, continued service
4 terms
special grant financial
"Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services"
continued service financial
"The shares vest in full on July 11, 2027, subject to continued service"
FAQ
What insider transaction did AeroVironment (AVAV) report for Mary Beth Long?
AeroVironment director Mary Beth Long reported two stock awards of Common Stock on Form 4. She received grants of 130 restricted shares and 1,047 restricted shares as compensation, both recorded at a price of $0.00 per share.
What happens if Mary Beth Long leaves AeroVironment (AVAV) before July 11, 2027?
If her service terminates before July 11, 2027, a prorated portion of each restricted stock grant vests immediately. The remaining unvested shares do not vest, so only a partial amount becomes hers upon earlier termination of service.
Why did AeroVironment (AVAV) grant a special restricted stock award to Mary Beth Long?
One of the awards is described as a special grant of restricted Common Stock. The footnote explains it compensates Mary Beth Long for additional director services that she performed during the prior fiscal year for AeroVironment.
Is Mary Beth Long’s AeroVironment (AVAV) Form 4 a stock purchase or a grant?
The Form 4 reflects stock grants, not open-market purchases. Both transactions use code “A” and are described as grants or awards of restricted Common Stock provided as director compensation, at a transaction price of $0.00 per share.