PAGE STEPHEN F 4

What Happened

• Stephen F. Page, a director of AeroVironment, was granted a total of 1,177 restricted shares of common stock (1,047 shares + 130 shares) on July 2, 2026. The shares were awarded at $0.00 (reported acquisition value $0) as compensation rather than an open‑market purchase.

Key Details

• Transaction date: July 2, 2026. Form 4 filed July 6, 2026 (reporting date shown on filing).
• Grants: 1,047 restricted shares (Footnote F1) and 130 restricted shares (Footnote F2). Both awards reported as acquisitions at $0.00 per share.
• Vesting: Both grants vest in full on July 11, 2027, subject to continued service; if service terminates earlier, a prorated portion vests immediately (F1, F2).
• Ownership reporting: The filing notes holdings with the Stephen F. Page Living Trust (F3). The Form does not state a post‑transaction total share count for beneficial ownership beyond the grants.
• Transaction code: A = Award/Grant (restricted stock).

Context

• These were compensation grants (restricted stock) to a director and are standard non‑cash awards for service — such grants reflect compensation policy rather than an insider buying or selling based on market view.
• Footnote F3 indicates Mr. Page is trustee of a living trust referenced in the filing and disclaims beneficial ownership of securities in which he has no pecuniary interest.