STOCK TITAN

AeroVironment (NASDAQ: AVAV) CLO granted 1,744 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Brown Melissa Ann reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc reported that EVP and Chief Legal Officer Melissa Ann Brown received a grant of 1,744 shares of Common Stock as a restricted stock award, with no cash purchase price. These Restricted Stock Awards vest in three equal installments on July 11, 2027, 2028, and 2029, tying the award to continued service over several years. Following this grant, Brown directly holds 26,898 shares of AeroVironment common stock. This is a routine, compensation-related equity award rather than an open-market stock purchase or sale.

Positive

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Negative

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Insider Brown Melissa Ann
Role EVP, Chief Legal Officer
Type Security Shares Price Value
Grant/Award Common Stock 1,744 $0.00 --
Holdings After Transaction: Common Stock — 26,898 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock award 1,744 shares Common Stock grant on July 2, 2026
Post-transaction holdings 26,898 shares Common Stock held directly after grant
Grant price $0.0000 per share Indicates compensation grant, not market purchase
Vesting installment dates July 11, 2027, 2028, 2029 Restricted Stock Awards vest in 3 equal installments
Restricted Stock Awards financial
"Restricted Stock Awards vest in 3 equal installments on each of July 11, 2027, 2028 and 2029."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Common Stock financial
"security_title: "Common Stock" for the reported transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
grant/award acquisition financial
"transaction_action: "grant/award acquisition" describing the nature of the transaction."
Form 4 regulatory
"INSIDER FILING DATA (Form 4) indicates this is a Section 16 insider report."
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.
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FAQ

What did AeroVironment (AVAV) insider Melissa Ann Brown report on this Form 4?

Melissa Ann Brown reported receiving 1,744 shares of AeroVironment common stock as a restricted stock award. The grant was at no cash cost and reflects equity-based compensation, not an open-market stock purchase or sale.

How many AeroVironment (AVAV) shares does Melissa Ann Brown hold after this transaction?

After the restricted stock award, Melissa Ann Brown directly holds 26,898 shares of AeroVironment common stock. This total includes the newly granted 1,744 restricted shares, which will vest over time if the applicable conditions are met.

When do the restricted stock awards granted to the AeroVironment (AVAV) executive vest?

The restricted stock awards vest in three equal installments on July 11, 2027, July 11, 2028, and July 11, 2029. This schedule spreads the benefit over several years, encouraging longer-term alignment with AeroVironment shareholders.

Was there a purchase or sale of AeroVironment (AVAV) shares in this Form 4 filing?

No open-market purchase or sale occurred in this Form 4. The filing shows a grant of 1,744 shares of restricted common stock as compensation, issued at zero price per share rather than bought or sold on the market.

What is the role of Melissa Ann Brown at AeroVironment (AVAV) in this insider filing?

Melissa Ann Brown is reported as Executive Vice President and Chief Legal Officer of AeroVironment. The Form 4 shows an equity compensation grant to this senior officer, aligning part of her pay with company stock performance over time.
SEC Form 4
FORM 4UNITED 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*
Brown Melissa Ann

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Legal Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock07/02/2026A1,744(1)A$026,898D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted Stock Awards vest in 3 equal installments on each of July 11, 2027, 2028 and 2029.
Colby Petersen, attorney-in-fact07/06/2026
** Signature of Reporting PersonDate
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)