McDonnell Kevin Patrick 4
Research Summary
AI-generated summary
AeroVironment (AVAV) CFO Kevin McDonnell Sells 396 Shares
What Happened
- Kevin Patrick McDonnell, Chief Financial Officer of AeroVironment Inc. (AVAV), reported the sale of 396 shares on March 10, 2026. The weighted-average sale price was $224.55 per share, for total proceeds of approximately $88,922. This was a sale (not a purchase), which is commonly routine insider selling rather than a bullish purchase signal.
Key Details
- Transaction date: 2026-03-10; Form 4 filed: 2026-03-11 (timely).
- Transaction type: Open-market/private sale (coded "S").
- Price: Weighted average $224.55; reported price range $221.75–$227.97 (shares sold at varying prices). The filer will provide a breakdown of numbers at each price on request by the SEC or issuer.
- Proceeds: ~$88,922.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the McDonnell Moore Living Trust on July 11, 2025. Shares are held by the McDonnell Moore Living Trust; Mr. McDonnell is one of the trustees and disclaims beneficial ownership of securities in which he has no pecuniary interest.
Context
- The sale was made under a pre-established 10b5-1 trading plan, which typically means trades were pre-scheduled and may not reflect the insider’s current view of the company. Because this was a sale (not a buy), it’s generally less informative about insider confidence than purchases.