Burbage Charles Thomas 4

What Happened
Charles Thomas Burbage, a director of AeroVironment, was granted a total of 1,177 restricted shares of common stock on July 2, 2026 (1,047 shares + 130 shares). The shares were granted at $0.00 per share (no cash purchase). These are equity awards (not open-market purchases or option exercises) and represent compensation for board service and additional director services.

Key Details

• Transaction date: July 2, 2026; Form 4 filed July 6, 2026 (see SEC filing for official timeliness).
• Grants: 1,047 restricted shares (Footnote F1) and 130 restricted shares (Footnote F2); total 1,177 shares. Granted price reported as $0.00 per share (no cash exchanged).
• Vesting: Both grants vest in full on July 11, 2027, subject to continued service; if the reporting person's service terminates prior to that date, a prorated portion will vest immediately upon termination.
• Shares owned after transaction: Not specified in the summary data provided — see the Form 4 filing for post-transaction holdings.
• Nature of awards: One grant is regular restricted stock compensation; the 130-share grant is a special award for additional director services during the prior fiscal year.

Context

• These were equity compensation awards (code A on Form 4), not purchases or sales. Awards can be part of routine director pay and do not by themselves signal a buy/sell decision by the insider.
• Vesting over ~1 year means the awards are time-based; the filing notes prorated vesting on termination, which can affect retention and timing of any future sales.
• For full details (exact holdings after the grant and official filing timeliness), consult the SEC Form 4 (Accession 0001592670-26-000002).