AVAV Director Strengthens Position with Long-Term Stock Grant Through 2028

Rhea-AI Filing Summary

AeroVironment director Cindy Kay Lewis received a new equity compensation grant on June 27, 2025. The transaction details include:

• Acquisition of 609 restricted stock awards at a price of $278.07 per share
• The restricted shares will vest in three equal installments on July 11 of 2026, 2027, and 2028
• Following the transaction, Lewis now beneficially owns 6,416 shares directly

This Form 4 filing indicates ongoing executive compensation practices at AeroVironment, with the company using restricted stock awards as part of its director compensation program. The vesting schedule over three years suggests a long-term retention strategy for board members.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lewis Cindy Kay

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	609	$278.07	$169K

Holdings After Transaction: Common Stock — 6,416 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Lewis Cindy Kay

(Last) (First) (Middle)

241 18TH STREET SOUTH

SUITE #650

(Street)

ARLINGTON VA 22202

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

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

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

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

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	06/27/2025		A		609(1)	A	$278.07	6,416	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. Restricted Stock Awards vest in 3 equal installments on each of July 11, 2026, 2027 and 2028.

	Colby Petersen, attorney-in-fact	06/27/2025
	** 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.

FAQ

How many shares of AVAV stock did Director Cindy Kay Lewis acquire on June 27, 2025?

Director Cindy Kay Lewis acquired 609 shares of AVAV common stock as Restricted Stock Awards on June 27, 2025, at a price of $278.07 per share.

What is the vesting schedule for AVAV's Restricted Stock Awards granted to Director Lewis?

The Restricted Stock Awards will vest in three equal installments on July 11, 2026, July 11, 2027, and July 11, 2028.

How many AVAV shares does Director Cindy Kay Lewis own after the June 27, 2025 transaction?

Following the reported transaction, Director Cindy Kay Lewis directly owns 6,416 shares of AVAV common stock.

Who is the reporting insider for AVAV's Form 4 filed on June 28, 2025?

The reporting insider is Cindy Kay Lewis, who serves as a Director of AeroVironment Inc (AVAV). The Form 4 was filed on her behalf by Colby Petersen, acting as attorney-in-fact.