PAGE STEPHEN F 4

What Happened
Stephen F. Page, a director of AeroVironment, sold 500 shares of AVAV on February 17, 2026 in an open-market transaction at $254.95 per share, for total proceeds of $127,475. The transaction is reported as a sale (S) and was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: 2026-02-17, 500 shares at $254.95 each (total $127,475).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: (F1) Trade effected pursuant to a 10b5-1 plan adopted by the Stephen F. Page Living Trust on Sept 30, 2025. (F2) Shares are held by the Stephen F. Page Living Trust; Mr. Page is trustee and disclaims beneficial ownership of securities in which he lacks a pecuniary interest.
• Filing timeliness: The Form 4 was filed with a period of report and filing date of 2026-02-17; no late filing is indicated in the provided information.

Context
A 10b5-1 plan indicates the sale was executed under a pre-established trading arrangement, which is commonly used to schedule trades in advance. Because this is a sale (not a purchase or award), it is generally treated as routine insider liquidity rather than a direct bullish signal.