Kevin Patrick McDonnell - Aug 1, 2024 Form 4 Insider Report for AeroVironment Inc (AVAV)

Signature
Colby Petersen, attorney-in-fact
Stock symbol
AVAV
Transactions as of
Aug 1, 2024
Transactions value $
-$89,621
Form type
4
Date filed
8/2/2024, 01:14 PM
Previous filing
Jul 15, 2024
Next filing
Sep 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVAV Common Stock Sale -$89.6K -513 -2.68% $174.70 18.7K Aug 1, 2024 Direct F1, F2
* 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 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. McDonnell on March 19, 2024.
F2 The price reported represents the weighted average price of shares sold. Shares were sold at varying prices in the range of $172.58 - $179.59. The Reporting Person hereby undertakes, upon request of the Staff of the U.S. Securities and Exchange Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.