Jeff E. Rodrian - 11 Jul 2024 Form 4 Insider Report for AeroVironment Inc (AVAV)

Role
Sr. VP
Signature
Colby Petersen, attorney-in-fact
Issuer symbol
AVAV
Transactions as of
11 Jul 2024
Net transactions value
-$44,712
Form type
4
Filing time
15 Jul 2024, 17:58:21 UTC
Previous filing
01 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVAV Common Stock Tax liability $44,712 -255 -6.8% $175.34 3,493 11 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Disposition made pursuant to a net settlement whereby shares of stock were tendered to satisfy tax withholding obligations arising in conjunction with the vesting of previously issued Restricted Stock Awards.