Brown Melissa Ann 4

What Happened
Melissa Ann Brown, Executive Vice President and Chief Legal Officer of AeroVironment (AVAV), received an award of 1,744 restricted shares on July 2, 2026. The shares were granted at $0.00 per share (no cash paid). This transaction is an equity award (compensation), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-07-02 — Award/Acquisition (code A) of 1,744 shares at $0.00 per share.
• Report filed: Form 4 filed with the SEC on 2026-07-06 (no late-filing code indicated in the filing).
• Shares owned after transaction: Not specified in the filing.
• Vesting: Footnote states the restricted stock awards vest in three equal installments on July 11, 2027; July 11, 2028; and July 11, 2029.
• Notes: This is a standard restricted stock award (subject to vesting/forfeiture conditions), not a sale or exercise.

Context
Restricted stock awards are a common form of executive compensation that vest over time and may be forfeited if service conditions aren’t met. Because this was a grant (compensation), it does not reflect an open-market purchase or sale by the insider and should be interpreted accordingly.