Nawabi Wahid 4

What Happened
Wahid Nawabi, Chair, President & CEO and Director of AeroVironment (AVAV), disposed of 5,246 shares on July 10, 2026. The shares were tendered at a reported price of $144.58 per share, totaling $758,467. This disposition was a net settlement to satisfy tax withholding obligations tied to the vesting of previously issued restricted stock awards—not an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-07-10; Filing date (Form 4): 2026-07-15.
• Price: $144.58 per share; Total value: $758,467.
• Shares disposed: 5,246 (transaction code F — tax withholding/net share settlement).
• Footnote: Disposition made via net settlement to satisfy tax withholding on vested restricted stock awards.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filed on 2026-07-15 for a 2026-07-10 transaction (appears to be filed one business day after the typical two-business-day Form 4 deadline).

Context
Net settlements to cover taxes when restricted stock vests are common and generally reflect administrative tax obligations rather than a discretionary decision to reduce exposure. This transaction was a withholding/tax-related disposition (code F), not a purchase or a market sale driven by trading intent.