AeroVironment (AVAV) Director Stephen F. Page Sells 250 Shares
$AVAV · AeroVironment IncResearch Summary
AI-generated summary of this SEC filing
AeroVironment (AVAV) Director Stephen F. Page Sells 250 Shares
What Happened
Stephen F. Page, a director of AeroVironment Inc. (AVAV), sold 250 shares in an open-market transaction on August 17, 2026. The shares traded at $191.98 each, resulting in gross proceeds of approximately $47,995. This was a sale (not a purchase); sales by insiders are often routine and can be pre-arranged.
Key Details
- Transaction date and price: 2026-08-17 — 250 shares sold at $191.98 per share.
- Total proceeds: Approximately $47,995.
- Filing date: Form 4 filed on 2026-08-19 (two days after the trade), which is within the usual two-business-day filing requirement.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Stephen F. Page Living Trust on September 30, 2025. (F1)
- The shares are held by the Stephen F. Page Living Trust; Mr. Page is the trustee and disclaims beneficial ownership of securities in which he does not have a pecuniary interest. (F2)
Context: Because the sale was executed under a pre-established 10b5-1 plan, it was likely a prearranged transaction rather than a spontaneous decision based on recent company developments. For retail investors, purchases are generally considered a stronger signal than routine, plan-driven sales; this filing by itself does not indicate a change in Mr. Page’s view of the company.