Form 4: AeroVironment CFO Transfers Significant Stock Holdings to Living Trust

AeroVironment Inc.'s CFO, Kevin Patrick McDonnell, transferred 18,472 shares of common stock to the McDonnell Moore Living Trust for no consideration.

Summary

• Kevin Patrick McDonnell, Chief Financial Officer of AeroVironment Inc. (AVAV), reported a change in beneficial ownership.
• On July 10, 2025, Mr. McDonnell directly disposed of 18,472 shares of AeroVironment Common Stock.
• Concurrently, 18,472 shares of Common Stock were indirectly acquired by Mr. McDonnell through the McDonnell Moore Living Trust.
• Both transactions involved no monetary consideration ($0 price).
• Following these transactions, Mr. McDonnell directly owns 8,607 shares and indirectly owns 18,472 shares through the trust.
• Mr. McDonnell is one of the trustees of the McDonnell Moore Living Trust and disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.

Sentiment

Score: 5

Explanation: The transaction is a neutral event, representing an internal transfer of shares for estate planning purposes by a key executive, rather than a market sale or purchase indicating a change in confidence or company performance.

Positives

• The transfer of shares to a living trust indicates personal estate planning by a key executive, which can be a sign of long-term commitment to the company.
• The shares remain within the beneficial control of the CFO, albeit indirectly, rather than being sold on the open market.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it pertains solely to a change in beneficial ownership.

Management Comments

• The transaction is a transfer of direct ownership of 18,472 shares of Common Stock, for no consideration, to the McDonnell Moore Living Trust.
• The transaction is the receipt of 18,472 shares of Common Stock, for no consideration, in the transfer referenced in Footnote 1.
• Shares are held by the McDonnell Moore Living Trust, of which Mr. McDonnell is one of the trustees. Mr. McDonnell disclaims beneficial ownership of any securities in which he does not have a pecuniary interest.

Industry Context

This Form 4 filing is specific to an individual insider's stock ownership change and does not provide information relevant to broader industry trends or competitor analysis.

Related Party Transactions

• Transfer of 18,472 shares of Common Stock from Kevin Patrick McDonnell to the McDonnell Moore Living Trust, where Mr. McDonnell is a trustee, for no consideration.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares were transferred internally for estate planning and not sold on the open market, thus not affecting market supply or demand. The shares remain under the indirect control of a key executive.

Key Dates

Keywords

AeroVironment, AVAV, SEC Form 4, Insider Trading, Beneficial Ownership, Stock Transfer, CFO, Kevin Patrick McDonnell, Living Trust, Estate Planning