AeroVironment (AVAV) director receives restricted stock awards and updates indirect holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MULLER EDWARD R reported acquisition or exercise transactions in this Form 4 filing.
AeroVironment Inc director Edward R. Muller reported compensation-related stock awards rather than open-market trades. On July 2, 2026, he received two grants of restricted Common Stock: 392 shares and 1,047 shares at $0.00 per share, classified as grants or awards.
The 392 restricted shares will vest in full on July 11, 2027, subject to his continued service, with prorated vesting if service ends earlier; these shares are subject to his deferred compensation plan. The 1,047-share special grant, awarded for additional director services in the prior fiscal year, follows the same July 11, 2027 vesting and prorating terms and is also subject to his deferred compensation plan.
After these transactions, the filing shows direct holdings of 3,144 shares and 2,752 shares of Common Stock in separate direct positions. It also reports indirect holdings of 810 shares held in the Edward R. Muller and Patricia E. Bauer 1991 Family Trust, for which he disclaims beneficial ownership where he lacks a pecuniary interest, and 49,105 shares held in the Edward R. Muller IRA over which he has sole power of disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MULLER EDWARD R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,047 | $0.00 | -- |
| Grant/Award | Common Stock | 392 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,752 shares (Direct, null);
Common Stock — 49,105 shares (Indirect, See Footnote)
Footnotes (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. These shares are subject to Mr. Muller's deferred compensation plan. 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. These shares are subject to Mr. Muller's deferred compensation plan. Shares are held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust, of which Mr. Muller is one of the trustees. Mr. Muller disclaims beneficial ownership of any securities in which he does not have a pecuniary interest. Shares are held by the Edward R. Muller IRA of which Mr. Muller has sole power of disposition.
Key Figures
Restricted stock grant: 392 shares
Special restricted grant: 1,047 shares
Direct holdings position 1: 3,144 shares
+4 more
7 metrics
Restricted stock grant
392 shares
Restricted Common Stock vesting July 11, 2027
Special restricted grant
1,047 shares
Special grant for additional director services; vests July 11, 2027
Direct holdings position 1
3,144 shares
Total Common Stock following 392-share grant, direct ownership
Direct holdings position 2
2,752 shares
Total Common Stock following 1,047-share special grant, direct ownership
Family trust holdings
810 shares
Held by Edward R. Muller and Patricia E. Bauer 1991 Family Trust
IRA holdings
49,105 shares
Held by the Edward R. Muller IRA with sole power of disposition
Grant price
$0.00 per share
Price per share for both restricted stock grants
Key Terms
restricted shares of Common Stock, deferred compensation plan, special grant, beneficial ownership, +1 more
5 terms
deferred compensation plan financial
"These shares are subject to Mr. Muller's deferred compensation plan"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
special grant financial
"Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services"
beneficial ownership financial
"Mr. Muller disclaims beneficial ownership of any securities in which he does not have a pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"Mr. Muller disclaims beneficial ownership of any securities in which he does not have a pecuniary interest"
FAQ
What did AeroVironment (AVAV) director Edward R. Muller report in this Form 4?
He reported two grants of restricted AeroVironment Common Stock, totaling 392 and 1,047 shares, received as compensation. These are awards at no cost per share, not open-market purchases or sales, and are tied to his continued service as a director.
Are Edward R. Muller’s new AeroVironment (AVAV) restricted stock grants part of a deferred compensation plan?
Yes. The filing states both the 392-share grant and the 1,047-share special grant are subject to Mr. Muller's deferred compensation plan. This links the restricted stock awards to his broader deferred compensation arrangements as a director.
What indirect AeroVironment (AVAV) holdings are reported for Edward R. Muller?
The filing shows 810 shares held by the Edward R. Muller and Patricia E. Bauer 1991 Family Trust and 49,105 shares held in the Edward R. Muller IRA. He disclaims beneficial ownership in securities where he lacks a pecuniary interest, particularly regarding the family trust.