Director trust for AeroVironment (NASDAQ: AVAV) sells 250 shares at $275

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

AeroVironment Inc director-associated trust reported an open-market sale of 250 shares of common stock at $275 per share. The transaction was executed by the Stephen F. Page Living Trust under a Rule 10b5-1 trading plan adopted on September 30, 2025.

Following this trade, the trust held 50,251 shares indirectly, while Stephen F. Page also reported direct ownership of 1,705 shares. Mr. Page is trustee of the trust and disclaims beneficial ownership of securities in which he does not have a pecuniary interest.

Insider Trade Summary

Net Seller: 250 shares ($68,750)

Net Sell 2 txns

Insider PAGE STEPHEN F

Role Director

Sold 250 shs ($69K)

Type	Security	Shares	Price	Value
Sale	Common Stock	250	$275.00	$69K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 50,251 shares (Indirect, See Footnote); Common Stock — 1,705 shares (Direct)

Footnotes (1)

The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Stephen F. Page Living Trust, on September 30, 2025. Shares are held by the Stephen F. Page Living Trust, of which Mr. Page is the trustee. Mr. Page disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.

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

Add on Google

Form 4 Insider Transactions: What Each Field Means →

02/20/2026 - 06:18 PM

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^*

PAGE STEPHEN F

(Last)

(First)

(Middle)

241 18TH STREET SOUTH

SUITE #650

(Street)

ARLINGTON

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)
02/19/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								1,705	D
Common Stock	02/19/2026		S⁽¹⁾		250	D	$275	50,251	I	See Footnote⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Stephen F. Page Living Trust, on September 30, 2025.

2. Shares are held by the Stephen F. Page Living Trust, of which Mr. Page is the trustee. Mr. Page disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.

	Colby Petersen, attorney-in-fact	02/20/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did AeroVironment (AVAV) report for Stephen F. Page?

AeroVironment reported that the Stephen F. Page Living Trust sold 250 shares of AeroVironment common stock at $275 per share. The transaction was an open-market sale executed under a pre-established Rule 10b5-1 trading plan adopted on September 30, 2025.

Who actually sold the AeroVironment (AVAV) shares reported on this Form 4?

The sale was made by the Stephen F. Page Living Trust, not directly by Stephen F. Page personally. He is trustee of the trust and disclaims beneficial ownership of any securities in which he does not have a pecuniary interest, as noted in the filing footnotes.

How many AeroVironment (AVAV) shares does the trust hold after the reported sale?

After selling 250 shares, the Stephen F. Page Living Trust held 50,251 AeroVironment common shares indirectly. This figure reflects the trust’s ownership following the February 19, 2026 transaction and is separate from the 1,705 shares reported as directly owned by Stephen F. Page.

What is a Rule 10b5-1 trading plan in the AeroVironment (AVAV) Form 4?

The filing states the trust’s sale was executed under a Rule 10b5-1 trading plan adopted on September 30, 2025. Such plans prearrange trades according to set instructions, allowing insiders to trade shares over time without making ad hoc trading decisions.

What direct AeroVironment (AVAV) holdings does Stephen F. Page report after this filing?

In addition to the trust’s indirect holdings, Stephen F. Page reports direct ownership of 1,705 AeroVironment common shares after the reported date. This direct position is separate from the 50,251 shares held by the Stephen F. Page Living Trust described elsewhere in the same Form 4.