Shackley Brian Charles 4

What Happened
Brian Charles Shackley, AeroVironment's Chief Accounting Officer, reported a sale of 200 shares of AVAV stock on March 16, 2026. The shares were disposed at $212.52 per share for a total proceeds of $42,504. This was a sale (not a purchase), which is commonly routine insider liquidity rather than a bullish signal.

Key Details

• Transaction date and price: March 16, 2026 — 200 shares sold at $212.52 per share.
• Total value: $42,504.
• Transaction type/code: Sale (S) — open-market or private sale reported.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Shackley on September 30, 2025 (pre-arranged trading plan).
• Filing timeliness: Form 4 was filed March 17, 2026 for a March 16 transaction (appears timely under standard Form 4 reporting rules).

Context
A 10b5-1 plan allows insiders to execute pre-scheduled trades and is often used to avoid trading based on nonpublic information; sales under such plans are generally considered routine. No other derivative exercises, gifts, or tax-withholding transactions were reported in the provided record.