Nawabi Wahid 4

What Happened
Nawabi Wahid, Chair, President and CEO (and a director) of AeroVironment, reported two acquisitions. On 2026-06-30 he purchased 97 shares under the company ESPP at $140.31 per share for a total cash outlay of $13,610. On 2026-07-02 he was granted 15,709 restricted stock awards (price $0.00), for which vesting is scheduled in three equal installments on July 11 of 2027, 2028 and 2029. The ESPP purchase is a personal buy (a small, bullish signal); the larger grant is a compensation award.

Key Details

• Transactions reported: 2026-06-30 — 97 shares acquired at $140.31 ($13,610); 2026-07-02 — 15,709 shares granted at $0.00 (restricted).
• Total newly acquired this filing: 15,806 shares (97 paid, 15,709 awarded); cash spent reported: $13,610.
• Footnotes: ESPP purchase was made under the AeroVironment 2023 Employee Stock Purchase Plan and was exempt under Rule 16b-3(d) and 16b-3(c). The 15,709 shares are restricted stock awards vesting in three equal installments on July 11, 2027, 2028 and 2029.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Filing date: Form 4 filed 2026-07-06 covering transactions through 2026-07-02; review the full SEC filing if you need timeliness details.

Context

• ESPP purchases are routine compensation-related buys and often occur on a scheduled purchase date; they can show modest insider confidence.
• Restricted stock awards are compensation and typically carry vesting conditions; they do not represent immediately marketable shares until vested.
• These transactions are awards/purchases, not option exercises or sales — no immediate cashless sale occurred.