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AeroVironment (AVAV) director receives new restricted stock grants

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

Rhea-AI Filing Summary

PAGE STEPHEN F reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc director Stephen F. Page reported new equity awards in the form of restricted common stock. He received two grants: 130 shares and 1,047 shares of common stock, both at a price of $0.00 per share as compensation awards.

According to the footnotes, each restricted share grant will vest in full on July 11, 2027, subject to Mr. Page’s continued service; if his service ends earlier, a prorated portion vests immediately at termination. Following these awards, he holds 2,882 common shares directly and 49,001 common shares indirectly through the Stephen F. Page Living Trust, where he is trustee and disclaims beneficial ownership of securities in which he has no pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider PAGE STEPHEN F
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,047 $0.00 --
Grant/Award Common Stock 130 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,752 shares (Direct, null); Common Stock — 49,001 shares (Indirect, See Footnote)
Footnotes (1)
  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. 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. 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.
Restricted stock grant 1 130 shares Common Stock award at $0.00 per share
Restricted stock grant 2 1,047 shares Common Stock award at $0.00 per share
Direct holdings after awards 2,882 shares Common Stock held directly after July 2, 2026 transactions
Indirect trust holdings 49,001 shares Common Stock held by Stephen F. Page Living Trust
Vesting date July 11, 2027 Full vesting date for both restricted stock grants
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.
special grant financial
"Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services"
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 immediately"
Living Trust financial
"Held by the Stephen F. Page Living Trust, of which Mr. Page is the trustee"
pecuniary interest financial
"Mr. Page disclaims beneficial ownership of any securities in which he does not have a pecuniary interest"
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did AeroVironment (AVAV) director Stephen F. Page report?
Stephen F. Page reported two equity awards of AeroVironment common stock. He received 130 restricted shares and 1,047 restricted shares at $0.00 per share, reflecting compensation rather than open-market buying or selling activity.

When do Stephen F. Page’s new AeroVironment (AVAV) restricted stock awards vest?
Both restricted stock grants to Stephen F. Page vest in full on July 11, 2027, if he continues serving the company. If his service ends earlier, a prorated portion of each grant immediately vests upon his termination of service.

How many AeroVironment (AVAV) shares does Stephen F. Page hold after these transactions?
After the reported awards, Stephen F. Page holds 2,882 AeroVironment common shares directly. He is also trustee of the Stephen F. Page Living Trust, which holds 49,001 additional common shares, with a disclaimer regarding securities where he lacks pecuniary interest.

Are Stephen F. Page’s new AeroVironment (AVAV) shares open-market purchases?
No, the filing shows grant transactions coded “A,” meaning awards rather than market purchases. The 130 and 1,047 common shares are restricted stock granted as compensation, with vesting conditions tied to his continued board service through July 11, 2027.

What is the special restricted stock grant reported for AeroVironment (AVAV) director Stephen F. Page?
One of the awards is described as a special grant of restricted common stock. It compensates Stephen F. Page for additional director services performed in the prior fiscal year and also vests in full on July 11, 2027, subject to continued service.
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*
PAGE STEPHEN F
(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)
XDirector10% 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)
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 Stock07/02/2026A1,047(1)A$02,752D
Common Stock07/02/2026A130(2)A$02,882D
Common Stock49,001ISee Footnote(3)
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. 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.
3. 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.
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)

Source: View Original Filing on SEC EDGAR