AeroVironment (AVAV) grants COO 2,016 restricted common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Smith Robert Fendlay reported acquisition or exercise transactions in this Form 4 filing.
AeroVironment Inc reported that Chief Operating Officer Robert Fendlay Smith received a grant of 2,016 shares of common stock as a restricted stock award at no cash cost per share. After this award, he directly holds 3,816 common shares.
The restricted stock will vest in three equal installments on July 11, 2027, July 11, 2028, and July 11, 2029, linking the award to continued service over this multi‑year period. This filing reflects a compensation-related equity grant rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Robert Fendlay
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,016 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,816 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted shares granted: 2,016 shares
Grant price per share: $0.00 per share
Shares held after grant: 3,816 shares
+3 more
6 metrics
Restricted shares granted
2,016 shares
Common Stock award on July 2, 2026
Grant price per share
$0.00 per share
Restricted Stock Award to COO
Shares held after grant
3,816 shares
Direct common stock holdings post-transaction
First vesting date
July 11, 2027
Restricted Stock Awards vest 1/3
Second vesting date
July 11, 2028
Restricted Stock Awards vest 1/3
Third vesting date
July 11, 2029
Restricted Stock Awards vest final 1/3
Key Terms
Restricted Stock Awards, Form 4, Chief Operating Officer, transaction code A
4 terms
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
Chief Operating Officer financial
"officer_title": "Chief Operating Officer""
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
transaction code A regulatory
"transaction_code": "A""
FAQ
What insider transaction did AeroVironment (AVAV) report for its COO?
AeroVironment reported that its Chief Operating Officer, Robert Fendlay Smith, received 2,016 shares of common stock as a restricted stock award. The shares were granted at no cash cost and are part of his equity-based compensation.
What are the vesting terms of the AeroVironment (AVAV) restricted stock grant?
The restricted stock award vests in three equal installments on July 11, 2027, July 11, 2028, and July 11, 2029. This means one-third of the 2,016 shares becomes fully owned on each of those future vesting dates.
What does transaction code A mean in the AeroVironment (AVAV) Form 4?
Transaction code A indicates a grant, award, or other acquisition of securities. In this case, it reflects the COO’s receipt of 2,016 restricted common shares as equity compensation, which will vest over three years starting July 11, 2027.