AeroVironment director granted 1,308 restricted shares

Votel Joseph L. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Votel Joseph L. reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc director Joseph L. Votel received equity compensation in the form of restricted common stock. He was granted 1,308 shares of Common Stock in two awards of 261 and 1,047 shares at no cash cost. The footnotes state these restricted shares will vest in full on July 11, 2027, subject to his continued service to the company, with a prorated portion vesting if his service ends earlier. Following these grants, the filing shows direct holdings of 4,189 shares after one grant and 3,928 shares after the other, reflecting updated ownership positions reported for each award.

Insider Trade Summary

Grant/Award: 1,308 shares

Grant/Award 2 txns

Insider Votel Joseph L.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,047	$0.00	$0.00
Grant/Award	Common Stock	261	$0.00	$0.00

Holdings After Transaction: Common Stock — 4,189 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services performed during the prior fiscal year. The shares vest in full on July 11, 2027, subject to continued service; provided that upon the Reporting Person's termination of services, a prorated portion of the grant will vest immediately upon termination of services.

Key Figures

Restricted stock grant 1: 261 shares Restricted stock grant 2: 1,047 shares Total restricted shares granted: 1,308 shares +3 more

6 metrics

Restricted stock grant 1 261 shares Common Stock award at $0.00 per share on July 2, 2026

Restricted stock grant 2 1,047 shares Common Stock award at $0.00 per share on July 2, 2026

Total restricted shares granted 1,308 shares Sum of two compensation-related Common Stock awards

Holdings after first grant 4,189 shares Total direct Common Stock holdings following 261-share award

Holdings after second grant 3,928 shares Total direct Common Stock holdings following 1,047-share award

Vesting date July 11, 2027 Both restricted stock grants vest in full on this date

Key Terms

restricted shares of Common Stock, vest in full, prorated portion of the grant, special grant, +1 more

5 terms

restricted shares of Common Stock financial

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

Restricted shares of common stock are company shares that cannot be sold or transferred until specific conditions are met, such as a set time period, performance targets, or regulatory approvals; they are often granted to founders, employees or early investors. They matter to investors because when the restrictions lift those shares can enter the market and increase the supply, potentially diluting existing holders and changing the stock’s price, similar to a locked faucet being opened and more water joining the flow.

vest in full financial

"that will vest in full on July 11, 2027, subject to the Reporting Person's continued service"

prorated portion of the grant financial

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

special grant financial

"Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services"

additional director services financial

"awarded as compensation for additional director services performed during the prior fiscal year"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider stock transactions did AeroVironment (AVAV) report for Joseph L. Votel?

AeroVironment reported that director Joseph L. Votel received restricted stock awards totaling 1,308 shares of Common Stock. These were compensation-related grants, not open-market purchases, and were recorded at a price of $0.00 per share according to the Form 4 filing.

Are Joseph L. Votel’s new AeroVironment (AVAV) shares from a purchase or a grant?

The new AeroVironment shares were received as grants, not bought in the market. The Form 4 lists two “A” code transactions, meaning awards of 261 and 1,047 restricted shares as compensation, each at $0.00 per share, tied to his director service.

When do Joseph L. Votel’s AeroVironment (AVAV) restricted shares vest?

Both restricted stock awards to Joseph L. Votel are scheduled to vest in full on July 11, 2027. The footnotes explain vesting is subject to his continued service, with a prorated portion vesting immediately if his service ends before that date.

Why did AeroVironment (AVAV) grant a special restricted stock award to Joseph L. Votel?

One of the awards is described as a special grant of restricted Common Stock. The footnotes state it was given as compensation for additional director services performed during the prior fiscal year, and it follows the same July 11, 2027 vesting conditions.

How many AeroVironment (AVAV) shares does Joseph L. Votel hold after these grants?

The Form 4 shows direct ownership totals of 4,189 shares after one 261‑share grant and 3,928 shares after the 1,047‑share grant. These figures reflect updated direct holdings reported with each respective restricted stock award transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 05:44 PM Learn about SEC filing dates

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
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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^*

Votel Joseph L.

(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)

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		1,047(1)	A	$0	3,928	D
Common Stock	07/02/2026		A		261(2)	A	$0	4,189	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.

2. Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services performed during the prior fiscal year. The shares vest in full on July 11, 2027, subject to continued service; provided that upon the Reporting Person's termination of services, a prorated portion of the grant will vest immediately upon termination of services.

	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)