AeroVironment (AVAV) grants 707 restricted shares to Chief Accounting Officer

Rhea-AI Filing Summary

Shackley Brian Charles reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc granted Chief Accounting Officer Brian Charles Shackley an award of 707 shares of common stock as a stock-based compensation grant. The shares were awarded at a stated price of $0.00 per share and increase his directly held position to 6,501 shares.

The award is structured as restricted stock that vests in three equal installments on April 4 of 2027, 2028, and 2029, tying full ownership to continued service over that period. This filing reflects a routine executive equity compensation grant rather than an open‑market stock purchase or sale.

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

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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).

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^*

Shackley Brian Charles

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

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	03/16/2026		A		707(1)	A	$0	6,501	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. Restricted Stock Awards vest in 3 equal installments on each of April 4, 2027, 2028 and 2029.

	Colby Petersen, attorney-in-fact	03/19/2026
	** 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)

FAQ

What insider transaction did AeroVironment (AVAV) report for Brian Charles Shackley?

AeroVironment reported that Chief Accounting Officer Brian Charles Shackley received a grant of 707 shares of common stock. The shares were awarded as restricted stock, part of his equity compensation, rather than bought on the open market.

At what price were the 707 AeroVironment (AVAV) shares granted to Brian Shackley?

The 707 AeroVironment shares were granted to Brian Shackley at a stated price of $0.00 per share. This reflects a compensation award, where shares are issued as part of his pay package instead of a cash purchase.

How many AeroVironment (AVAV) shares does Brian Shackley hold after this Form 4 transaction?

After the grant, Brian Shackley directly holds 6,501 shares of AeroVironment common stock. This total includes the newly awarded 707 restricted shares, which will vest over time under the company’s equity compensation arrangements.

How do the restricted stock awards to Brian Shackley at AeroVironment (AVAV) vest?

The restricted stock awards granted to Brian Shackley vest in three equal installments. Vesting dates are April 4, 2027, April 4, 2028, and April 4, 2029, aligning continued service with gradual transfer of full share ownership.

Is the Brian Shackley Form 4 for AeroVironment (AVAV) a stock purchase or a compensation award?

The Form 4 shows a compensation award, not a stock purchase. Shackley received 707 restricted shares at a stated price of $0.00, reflecting a grant or award acquisition rather than buying shares in the open market.