AeroVironment Inc (AVAV) CEO tenders 5,246 shares to cover tax obligations

Rhea-AI Filing Summary

AeroVironment Inc Chair, President and CEO Wahid Nawabi reported a tax-related share disposition. On July 10, 2026, 5,246 shares of common stock were tendered at $144.58 per share to satisfy tax withholding obligations arising from the vesting of previously issued Restricted Stock Awards through a net-share settlement.

After this transaction, Nawabi directly holds 162,200 AeroVironment common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nawabi Wahid

Role Chair, President and CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	5,246	$144.58	$758K

Holdings After Transaction: Common Stock — 162,200 shares (Direct)

Footnotes (1)

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Key Figures

Shares tendered for tax withholding: 5,246 shares Implied share value: $144.58 per share Shares owned after transaction: 162,200 shares +1 more

4 metrics

Shares tendered for tax withholding 5,246 shares Common stock delivered on July 10, 2026 to satisfy tax obligations

Implied share value $144.58 per share Value used for the 5,246-share tax-withholding disposition

Shares owned after transaction 162,200 shares Direct AeroVironment common stock holdings by Wahid Nawabi after disposition

Tax-withholding transactions 1 Single net-settlement disposition reported in this insider transaction summary

Key Terms

net settlement, tax withholding obligations, Restricted Stock Awards

3 terms

net settlement financial

"Disposition made pursuant to a net settlement whereby shares of stock were tendered"

tax withholding obligations financial

"shares of stock were tendered to satisfy tax withholding obligations arising in conjunction"

Restricted Stock Awards financial

"tax withholding obligations arising in conjunction with the vesting of previously issued Restricted Stock Awards"

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.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/15/2026 - 01:54 PM Accepted by SEC EDGAR 07/15/2026 - 01:54 PM Learn about SEC filing dates

FAQ

What insider transaction did AeroVironment Inc (AVAV) CEO Wahid Nawabi report?

Wahid Nawabi reported a tax-related disposition of AeroVironment common stock. On July 10, 2026, 5,246 shares were tendered via net settlement to cover tax withholding obligations tied to vesting of previously issued Restricted Stock Awards, rather than an open-market sale.

How many AeroVironment (AVAV) shares were used to cover taxes and at what price?

Nawabi used 5,246 shares of AeroVironment common stock to cover tax withholding, valued at $144.58 per share. These shares were delivered under a net settlement arrangement connected to the vesting of Restricted Stock Awards, not through a public market transaction.

How many AeroVironment Inc (AVAV) shares does Wahid Nawabi own after this transaction?

Following the tax-withholding disposition, Wahid Nawabi directly holds 162,200 shares of AeroVironment common stock. This figure reflects his direct ownership after 5,246 shares were tendered to satisfy tax obligations from vesting Restricted Stock Awards on July 10, 2026.

Was the AeroVironment (AVAV) CEO’s Form 4 transaction an open-market sale?

No, the transaction was a net-share settlement for taxes, not an open-market sale. Shares were tendered to satisfy tax withholding obligations arising from the vesting of previously issued Restricted Stock Awards, as described in the accompanying footnote disclosure.

What is the nature of the Restricted Stock Awards mentioned in the AeroVironment (AVAV) insider filing?

The transaction relates to previously issued Restricted Stock Awards that vested, triggering tax liabilities. To meet these tax withholding obligations, shares were delivered back in a net settlement arrangement rather than selling shares directly into the public market.

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^*

Nawabi Wahid

(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
X	Officer (give title below)		Other (specify below)
	Chair, President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2026

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	07/10/2026		F		5,246(1)	D	$144.58	162,200	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. Disposition made pursuant to a net settlement whereby shares of stock were tendered to satisfy tax withholding obligations arising in conjunction with the vesting of previously issued Restricted Stock Awards.

	Colby Petersen, attorney-in-fact	07/15/2025
	** 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)