Aerovironment SEC Filings

AeroVironment reported record bookings of $1.2 billion and record revenue of $821 million for the fiscal year ended April 30, 2025, and achieved a 12% gross margin improvement year-over-year. Management completed the acquisition of BlueHalo, saying the deal expands the company into integrated solutions across air, land, sea, space and cyber and that beginning in fiscal 2026 it will report two segments: Autonomous Systems (AxS) and Space, Cyber and Directed Energy (SCDE). The company implemented Oracle Fusion ERP and is expanding manufacturing capacity, including a planned Switchblade facility near Salt Lake City that management says can support more than $1 billion in annual Switchblade revenues.

The proxy seeks votes at a remote annual meeting on September 25, 2025 (record date August 7, 2025), noting 49,932,233 shares outstanding on the record date. Stockholders are asked to elect four directors (Edward Muller, Charles Burbage, David Wodlinger and Henry Albers), ratify Deloitte & Touche LLP as auditor, vote on advisory executive compensation and approve an amended and restated 2021 Equity Incentive Plan. The filing includes a wide range of forward-looking risks, including acquisition integration, potential goodwill impairments, reliance on U.S. government funding and export controls, supply chain and cybersecurity risks. The board is majority independent (9 of 10).

AeroVironment, Inc. is reported as having institutional ownership by State Street Corporation, which beneficially owns 1,722,002 shares, representing 3.8% of the company's common stock. The filing shows no sole voting or dispositive power and records shared voting power of 1,615,455 and shared dispositive power of 1,722,002, indicating control is exercised jointly through State Street entities. The statement also identifies several State Street subsidiaries involved in managing these holdings and certifies the shares are held in the ordinary course of business and not to influence control.

Baillie Gifford & Co filed a Schedule 13G for AeroVironment, Inc. (AVAV) covering the event date 30 June 2025. The Edinburgh-based investment adviser reports beneficial ownership of 1,938,638 ordinary shares, equal to 4.24 % of the company’s outstanding stock. The firm has sole voting power over 1,804,055 shares and sole dispositive power over the full 1.94 million-share position; no shares are held jointly.

Because the stake is below the 5 % threshold, Item 5 confirms “ownership of 5 percent or less of a class,” signalling that Baillie Gifford is no longer deemed a 5 % beneficial owner under SEC rules. The filing states the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control. Signature by Manager Grant Meikle is dated 8 Aug 2025.

Key takeaways: continued but reduced institutional presence, no control intent disclosed, and sole discretionary authority retained by the filer.

AeroVironment, Inc. (AVAV) Form 4 filing – 15 Jul 2025

Chief Operations Officer Bradley Dean Truesdell reported two transactions in the company’s common stock:

• 30 Jun 2025 – Acquisition (Code A): 70 shares purchased through the 2023 Employee Stock Purchase Plan at $132.98 per share.
• 11 Jul 2025 – Disposition (Code F): 34 shares withheld at $263.80 per share to cover tax obligations linked to prior restricted-stock vesting.

After these movements, Truesdell’s direct beneficial ownership stands at 1,739 shares, a net increase of 36 shares from the initial position disclosed in the filing. No derivative securities were involved. Both transactions were routine and executed under standard equity-compensation arrangements, with no indication of additional strategic intent.

Form 4 highlights: AeroVironment, Inc. (AVAV) Chief Financial Officer Kevin Patrick McDonnell reported an internal re-registration of 18,472 AVAV common shares on 07/10/2025, coded “J” (other, no consideration).

• Disposition: 18,472 shares moved out of Mr. McDonnell’s direct account (price $0), reducing his direct holdings to 8,607 shares.
• Acquisition: The same 18,472 shares were received by the McDonnell Moore Living Trust, reported as indirect ownership. Footnote 3 states Mr. McDonnell disclaims beneficial ownership of any shares in which he lacks a pecuniary interest.

No derivative securities were reported, and no cash sale or purchase occurred. The filing reflects an estate-planning transfer rather than a market transaction; therefore, it has minimal immediate impact on AeroVironment’s share float or insider sentiment.