Form 4: AeroVironment Director Transfers Shares to Family Trust and IRA

Edward R. Muller, a director of AeroVironment Inc, reports transferring shares to a family trust and receiving shares in the same transaction, as well as holdings in an IRA.

Summary

• On July 12, 2024, Edward R. Muller, a director of AeroVironment Inc, engaged in transactions involving the company's common stock.
• He transferred 1,437 shares of common stock to the Edward R. Muller and Patricia E. Bauer 1991 Family Trust for no consideration.
• Simultaneously, he received 1,437 shares of common stock from the same transfer.
• Following these transactions, Mr. Muller directly owns 2,391 shares and indirectly owns 47,400 shares through the family trust and 810 shares through his IRA.
• Mr. Muller disclaims beneficial ownership of securities held by the family trust in which he does not have a pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, indicating standard insider transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider and doesn't necessarily reflect broader industry trends.

Related Party Transactions

• The transfer of shares to the Edward R. Muller and Patricia E. Bauer 1991 Family Trust constitutes a related party transaction.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they represent a transfer of shares for estate planning purposes.

Key Dates