Director at AeroVironment (NASDAQ: AVAV) receives 892-share grant

Rhea-AI Filing Summary

Lynn William III reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc director Lynn William III received a grant of 892 restricted shares of Common Stock. The shares were awarded at no cash cost and represent his total reported direct holdings after the transaction. The grant will vest in full on July 11, 2027, if he continues serving the company through that date. If his service ends earlier, a prorated portion of the award will vest immediately upon termination.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lynn William III

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	892	$0.00	--

Holdings After Transaction: Common Stock — 892 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted shares granted: 892 shares Grant price per share: $0.00 per share Holdings after transaction: 892 shares +1 more

4 metrics

Restricted shares granted 892 shares Grant of Common Stock to director on July 2, 2026

Grant price per share $0.00 per share Equity award, no cash consideration

Holdings after transaction 892 shares Total reported direct ownership following grant

Vesting date July 11, 2027 Date when restricted shares vest in full if service continues

Key Terms

restricted shares, vest in full, prorated portion

3 terms

restricted shares financial

"Represents a grant of restricted shares of Common Stock that will vest in full on July 11, 2027"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

vest in full financial

"shares of Common Stock that will vest in full on July 11, 2027"

prorated portion financial

"If the Reporting Person's service terminates prior to the vesting date, a prorated portion of the grant will vest"

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Available on EDGAR 07/06/2026 - 05:46 PM Accepted by SEC EDGAR 07/06/2026 - 05:46 PM Learn about SEC filing dates

FAQ

What insider transaction did AeroVironment (AVAV) report for Lynn William III?

AeroVironment reported that director Lynn William III received a grant of 892 restricted shares of Common Stock. The award was recorded as a Form 4 transaction and reflects his total direct holdings following the grant, with no open-market purchase or sale involved.

How many AeroVironment (AVAV) shares were granted to the director in this filing?

The filing shows a grant of 892 restricted shares of AeroVironment Common Stock to director Lynn William III. These 892 shares also represent his reported total direct ownership after the transaction, highlighting that this award created his disclosed direct share position.

When do the newly granted AeroVironment (AVAV) restricted shares vest?

The 892 restricted shares are scheduled to vest in full on July 11, 2027, if Lynn William III continues serving AeroVironment through that date. The vesting schedule ties the equity award to ongoing service with the company over the specified period.

What happens to the AeroVironment (AVAV) restricted shares if the director leaves early?

If Lynn William III’s service with AeroVironment ends before July 11, 2027, a prorated portion of the 892-share grant will vest immediately. The remaining unvested shares would not continue vesting, linking the final vested amount to his actual service duration.

Did the AeroVironment (AVAV) director pay for the 892-share grant?

No cash payment is shown for the 892-share grant; the reported price per share is zero. This indicates a compensation-related award of restricted stock rather than an open-market purchase, consistent with typical equity incentives for company directors.

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^*

Lynn William III

(Last) (First) (Middle)

241 18TH ST

STE 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/02/2026		A		892(1)	A	$0	892	D

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. Represents a grant of restricted shares of Common Stock that will vest in full on July 11, 2027, subject to the Reporting Person's continued service to the Issuer through such date. If the Reporting Person's service terminates prior to the vesting date, a prorated portion of the grant will vest immediately upon such termination.

	Colby Petersen, attorney-in-fact	07/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)