PAGE STEPHEN F 4
Research Summary
AI-generated summary
AeroVironment (AVAV) Director Stephen F. Page Sells 250 Shares
What Happened
Stephen F. Page, a director of AeroVironment, reported an open-market sale of 250 shares on May 15, 2026 at $162.31 per share, for a total value of approximately $40,578. This was a sale (code S), which is commonly routine trading rather than a signal of company outlook.
Key Details
- Transaction date and price: 2026-05-15 — 250 shares at $162.31 each.
- Total proceeds reported: $40,578.
- Filing date: Form 4 filed 2026-05-18 (timely; within the required reporting window).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Notable footnotes:
- F1: The sale was effected pursuant to a Rule 10b5-1 trading 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 has no pecuniary interest.
Context
Because the sale was executed under a pre-established 10b5-1 plan and involves shares held in a trust, this transaction is typically considered routine administration of holdings rather than an ad hoc insider signal. Retail investors often treat purchases as stronger indicators of insider conviction than routine sales.