AeroVironment director granted 1,177 restricted shares

Burbage Charles Thomas reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Burbage Charles Thomas reported acquisition or exercise transactions in this Form 4 filing.

AeroVironment Inc director Charles Thomas Burbage received two equity compensation grants in the form of restricted Common Stock. He was awarded 1,047 restricted shares as regular director compensation and 130 restricted shares as a special grant for additional director services performed during the prior fiscal year. Both grants carry a purchase price of $0.00 per share and will vest in full on July 11, 2027, provided he continues serving the company through that date. If his service ends before then, a prorated portion of each award will vest immediately upon termination.

Insider Trade Summary

Grant/Award: 1,177 shares

Grant/Award 2 txns

Insider Burbage Charles Thomas

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,047	$0.00	$0.00
Grant/Award	Common Stock	130	$0.00	$0.00

Holdings After Transaction: Common Stock — 51,764 shares (Direct)

Footnotes (2)

1. F1. 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. F2. 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.

Key Figures

Restricted stock grant: 1,047 shares Special restricted grant: 130 shares Total restricted shares awarded: 1,177 shares +2 more

5 metrics

Restricted stock grant 1,047 shares Regular director compensation award of Common Stock

Special restricted grant 130 shares Special award for additional director services in prior fiscal year

Total restricted shares awarded 1,177 shares Combined value of both Common Stock grants

Grant price $0.00 per share Equity compensation, not an open-market purchase

Vesting date July 11, 2027 Both restricted stock awards vest on this date, subject to service

Key Terms

restricted shares of Common Stock, vest in full, prorated portion of the grant, special grant, +1 more

5 terms

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.

vest in full financial

"will vest in full on July 11, 2027, subject to the Reporting Person's continued service"

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"

special grant financial

"Represents a special grant of restricted shares of Common Stock awarded as compensation for additional director services"

additional director services financial

"awarded as compensation for additional director services performed during the prior fiscal year"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AeroVironment (AVAV) director Charles Thomas Burbage report in this Form 4?

He reported receiving two grants of restricted Common Stock as compensation. One grant covers 1,047 shares, and another covers 130 shares, both at $0.00 per share, reflecting equity-based director compensation rather than open-market purchases or sales.

How many AeroVironment (AVAV) shares were granted to the director in total?

The director received a total of 1,177 restricted Common Stock shares. This consists of 1,047 shares as a regular compensation grant and 130 shares as a special grant, both structured as awards that vest over time rather than immediate cash transactions.

When do the new AeroVironment (AVAV) restricted stock grants vest?

Both restricted stock grants are scheduled to vest in full on July 11, 2027. Vesting is contingent on the director’s continued service to AeroVironment through that date, linking the compensation directly to ongoing board service and long-term alignment.

What happens to the AeroVironment (AVAV) restricted shares if the director’s service ends early?

If his service ends before July 11, 2027, a prorated portion of each restricted stock grant will vest immediately. The remaining unvested shares would not vest, tying the ultimate number of earned shares to the length of his service period.

Was the AeroVironment (AVAV) director’s special grant related to past or future services?

The special grant of 130 restricted shares was awarded as compensation for additional director services performed during the prior fiscal year. Although earned for past work, the shares still vest on July 11, 2027, subject to continued service conditions.

Did the AeroVironment (AVAV) director buy or sell shares on the open market in this filing?

No open-market buys or sells were reported. Both transactions are coded as grant or award acquisitions at $0.00 per share, indicating equity compensation awards rather than discretionary trading activity in AeroVironment’s Common Stock by the director.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 05:31 PM Learn about SEC filing dates

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^*

Burbage Charles Thomas

(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
	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)

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	07/02/2026		A		1,047(1)	A	$0	51,634	D
Common Stock	07/02/2026		A		130(2)	A	$0	51,764	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. 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.

	Colby Petersen, attorney-in-fact	07/06/2026
	** 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)