AeroVironment (NASDAQ: AVAV) COO receives 1,800-share restricted stock grant

Rhea-AI Filing Summary

Smith Robert Fendlay reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc Chief Operating Officer Robert Fendlay Smith received a grant of 1,800 shares of common stock as a restricted stock award. The award is compensation-related and not an open-market purchase. These restricted shares vest in three equal installments on July 11, 2027, 2028, and 2029.

The filing notes it was submitted late due to administrative delays in regaining EDGAR access after the EDGAR Next transition, with access restored on April 21, 2026, and the report filed immediately thereafter.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Smith Robert Fendlay

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,800	$194.39	$350K

Holdings After Transaction: Common Stock — 1,800 shares (Direct, null)

Footnotes (1)

1. This Form 4 is filed late due to administrative delays in regaining EDGAR access following the EDGAR Next transition. Mr. Smith previously held a CIK from 2021 but was not subject to Section 16 reporting requirements during the 2025 mandatory enrollment period and consequently his legacy account credentials were deactivated by the Commission. An Amended Form ID was submitted on April 8, 2026 and access was granted on April 21, 2026. This report is being filed immediately following receipt of such access. Restricted Stock Awards vest in 3 equal installments on each of July 11, 2027, 2028 and 2029.

Key Figures

Restricted shares granted: 1,800 shares Grant value per share: $194.39 per share Total direct holdings after grant: 1,800 shares +1 more

4 metrics

Restricted shares granted 1,800 shares Common Stock grant to COO on April 13, 2026

Grant value per share $194.39 per share Grant-date value of restricted stock award

Total direct holdings after grant 1,800 shares Total shares following transaction

Vesting schedule 3 equal installments Vesting on July 11, 2027, 2028 and 2029

Key Terms

Restricted Stock Awards, Form 4, EDGAR Next transition, Section 16 reporting requirements, +1 more

5 terms

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

"This Form 4 is filed late due to administrative delays in regaining EDGAR access"

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.

EDGAR Next transition regulatory

"administrative delays in regaining EDGAR access following the EDGAR Next transition"

Section 16 reporting requirements regulatory

"was not subject to Section 16 reporting requirements during the 2025 mandatory enrollment period"

Form ID regulatory

"An Amended Form ID was submitted on April 8, 2026 and access was granted"

Form 4 Insider Transactions: What Each Field Means →

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^*

Smith Robert Fendlay

(Last) (First) (Middle)

241 18TH STREET

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 Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

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	04/13/2026(1)		A		1,800(2)	A	$194.39	1,800	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. This Form 4 is filed late due to administrative delays in regaining EDGAR access following the EDGAR Next transition. Mr. Smith previously held a CIK from 2021 but was not subject to Section 16 reporting requirements during the 2025 mandatory enrollment period and consequently his legacy account credentials were deactivated by the Commission. An Amended Form ID was submitted on April 8, 2026 and access was granted on April 21, 2026. This report is being filed immediately following receipt of such access.

2. Restricted Stock Awards vest in 3 equal installments on each of July 11, 2027, 2028 and 2029.

	Colby Petersen, attorney-in-fact	04/21/2026
	** 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 its COO?

AeroVironment reported that Chief Operating Officer Robert Fendlay Smith received 1,800 shares of common stock as a restricted stock award. This is a compensation grant, not an open-market purchase, and represents his reported direct holdings following the transaction.

At what price was the AeroVironment (AVAV) restricted stock for the COO valued?

The 1,800 restricted shares granted to the COO were valued at $194.39 per share. This price reflects the grant-date value used for the award and helps indicate the approximate dollar size of the compensation-related equity grant.

How do the AeroVironment (AVAV) restricted stock awards vest for the COO?

The restricted stock awards granted to the COO vest in three equal installments on July 11, 2027, July 11, 2028, and July 11, 2029. This multi-year vesting schedule is designed to align executive compensation with longer-term company performance and retention.

Did the AeroVironment (AVAV) Form 4 indicate an open-market buy or sell by the COO?

No, the Form 4 shows a grant or award acquisition under transaction code A, not an open-market buy or sell. The 1,800 shares represent restricted stock granted as part of compensation, rather than a voluntary market trade by the executive.

Why was the AeroVironment (AVAV) Form 4 for the COO filed late?

The Form 4 was filed late due to administrative delays in regaining EDGAR access after the EDGAR Next transition. Mr. Smith’s prior CIK credentials were deactivated, and access was restored on April 21, 2026, after which the report was filed immediately.