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AeroVironment (AVAV) grants COO 2,016 restricted common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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""
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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.

How many AeroVironment (AVAV) shares does the COO hold after this Form 4?

Following the restricted stock grant, the COO directly holds 3,816 shares of AeroVironment common stock. This total includes the newly awarded 2,016 restricted shares, which will vest over time according to the disclosed schedule.

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.

Did the AeroVironment (AVAV) COO buy or sell shares in the market?

The filing shows a grant of restricted stock, not a market purchase or sale. The 2,016 shares were awarded at a price of $0.00 per share as part of compensation, rather than acquired or disposed through open-market trading.

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.
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*
Smith Robert Fendlay

(Last)(First)(Middle)
241 18TH STREET
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)
Chief Operating 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 Stock07/02/2026A2,016(1)A$03,816D
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)