AeroVironment (AVAV) EVP Melissa Brown Sells 813 Shares

What Happened

• Melissa Ann Brown, Executive Vice President and Chief Legal Officer of AeroVironment (AVAV), disposed of 813 shares as a net settlement to satisfy tax withholding tied to the vesting of restricted stock awards. The shares were valued at $144.58 each, totaling about $117,544. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-07-10
• Price per share: $144.58; Total value: ~$117,544
• Shares owned after transaction: not specified in the provided filing excerpt (see Form 4 for full beneficial ownership)
• Footnote: F1 — disposition made pursuant to a net settlement where shares were tendered to satisfy tax withholding on vested Restricted Stock Awards
• Filing timeliness: Form filed 2026-07-15 for a 2026-07-10 transaction (filed 5 days after the transaction), which appears later than the typical 2-business-day Form 4 filing window

Context

• This was a routine tax-withholding event (code F) tied to the vesting of restricted shares — the company or insider surrendered shares to cover taxes rather than selling them on the open market. Such transactions are administrative and do not necessarily indicate a change in the insider’s view of the company.