McDonnell Kevin Patrick 4
Research Summary
AI-generated summary
AeroVironment (AVAV) CFO Kevin McDonnell Sells 879 Shares
What Happened
Kevin Patrick McDonnell, CFO of AeroVironment, reported an open-market sale of 879 shares of AVAV on February 10, 2026. The shares were disposed at a weighted average price of $267.60 for total proceeds of $235,220. This was a sale (S) rather than a purchase; sales under pre-arranged plans are common and do not necessarily signal a change in insider sentiment.
Key Details
- Transaction date: 2026-02-10; Form 4 filed on 2026-02-11 (timely filing).
- Amount: 879 shares sold; weighted average price $267.60; total value $235,220.
- Price range: shares sold at varying prices between $263.75 and $274.91 (weighted avg reported).
- Plan/beneficial ownership: Transaction effected under a Rule 10b5-1 trading plan adopted by the McDonnell Moore Living Trust on July 11, 2025. Shares are held by that trust; Mr. McDonnell is a trustee and disclaims beneficial ownership of securities in which he lacks a pecuniary interest.
- Filing notes: No late filing flag in the report provided.
Context
Sales executed under a 10b5-1 plan are pre-arranged and often used for scheduled liquidity or diversification; they generally should not be interpreted as a timely expression of the insider’s view on the company. This report documents a routine sale by a senior executive via a trust-managed plan.