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AeroVironment (AVAV) executive receives 2,406-share restricted stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stevenson Trace E reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc executive Trace E. Stevenson received a grant of 2,406 shares of common stock as equity compensation. The award was recorded at a price of $0.00 per share, increasing his directly held position to 10,368 shares after the transaction. According to the footnote, these Restricted Stock Awards will vest in three equal installments on each of July 11, 2027, July 11, 2028, and July 11, 2029, tying the award to multi-year service and performance with the company.

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Insider Stevenson Trace E
Role President, Autonomous Systems
Type Security Shares Price Value
Grant/Award Common Stock 2,406 $0.00 --
Holdings After Transaction: Common Stock — 10,368 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted shares granted 2,406 shares Common stock grant on July 2, 2026
Grant price per share $0.00 per share Equity compensation, no cash paid by insider
Shares held after grant 10,368 shares Total direct common stock holdings post-transaction
First vesting date July 11, 2027 First of three equal vesting installments
Second vesting date July 11, 2028 Second of three equal vesting installments
Third vesting date July 11, 2029 Final vesting installment for restricted stock award
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): { "issuerName": "AeroVironment Inc""
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.
equity compensation financial
"The award was recorded at a price of $0.00 per share, increasing his directly held position as equity compensation."
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
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FAQ

What insider transaction did AeroVironment (AVAV) report for Trace E. Stevenson?

AeroVironment reported that executive Trace E. Stevenson received a grant of 2,406 shares of common stock. The award was recorded at $0.00 per share as equity compensation, increasing his direct holdings to 10,368 shares following the transaction.

Is the AeroVironment (AVAV) insider transaction a purchase or a compensation grant?

The transaction is a compensation-related grant, not an open-market purchase. Trace E. Stevenson received 2,406 shares of common stock as a grant or award, with no cash paid per share, reflecting standard equity-based executive compensation.

How many AeroVironment (AVAV) shares does Trace E. Stevenson hold after this Form 4 filing?

After this Form 4 transaction, Trace E. Stevenson directly holds 10,368 shares of AeroVironment common stock. This includes the newly granted 2,406 shares that were added to his existing equity position as part of his executive compensation.

What is the vesting schedule for Trace E. Stevenson’s AeroVironment (AVAV) restricted stock?

The restricted stock award vests in three equal installments over three years. According to the footnote, the shares vest on July 11, 2027, July 11, 2028, and July 11, 2029, aligning the award with long-term service at AeroVironment.

Does the AeroVironment (AVAV) Form 4 indicate any insider selling activity?

The filing shows no insider selling activity. It reports only a grant of 2,406 AeroVironment common shares to Trace E. Stevenson, increasing his direct holdings to 10,368 shares, with no shares disposed or sold in this transaction.
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*
Stevenson Trace E

(Last)(First)(Middle)
241 18TH STREET SOUTH
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)
President, Autonomous Systems
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 Stock07/02/2026A2,406(1)A$010,368D
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)