AeroVironment (AVAV) director trust sells 1,000 shares at $377.62

Rhea-AI Filing Summary

AeroVironment director Stephen F. Page reported an indirect sale of company stock by a related trust. On January 15, 2026, the Stephen F. Page Living Trust sold 1,000 shares of AeroVironment common stock at $377.62 per share, in a transaction coded as a sale.

The filing states this trade was made under a Rule 10b5-1 trading plan adopted by the trust on September 30, 2025. After the sale, the trust held 51,001 shares indirectly, while Mr. Page also held 1,705 shares directly. The footnotes note that shares are held by the Stephen F. Page Living Trust, of which Mr. Page is trustee, and that he disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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 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)
01/15/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								1,705	D
Common Stock	01/15/2026		S(1)		1,000	D	$377.62	51,001	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

	/s/ Colby Petersen, attorney-in-fact, Attorney-in-Fact	01/16/2026
	** 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.

FAQ

Who is the reporting person in the AeroVironment (AVAV) Form 4?

The reporting person is Stephen F. Page, who is identified as a director of AeroVironment Inc. on the Form 4.

How many AeroVironment (AVAV) shares were sold and at what price?

The Form 4 reports that the Stephen F. Page Living Trust sold 1,000 shares of AeroVironment common stock at $377.62 per share on January 15, 2026.

What is the ownership structure of the AeroVironment (AVAV) shares after the reported transaction?

After the reported sale, the filing shows 51,001 shares of AeroVironment common stock held indirectly by the Stephen F. Page Living Trust and 1,705 shares held directly by Mr. Page.

Was the AeroVironment (AVAV) share sale made under a Rule 10b5-1 plan?

Yes. A footnote explains that the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Stephen F. Page Living Trust on September 30, 2025.

Who actually holds the AeroVironment (AVAV) shares reported as indirectly owned?

The indirectly owned shares are held by the Stephen F. Page Living Trust. The filing notes that Mr. Page is the trustee and that he disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.

Is this AeroVironment (AVAV) Form 4 filed by one or multiple reporting persons?

The Form 4 is marked as filed by one reporting person, namely director Stephen F. Page.