Form 4: AeroVironment Inc. Executive Hush Settles Tax Obligations with Stock Disposition
SEC Form 4 Filing
Senior Vice President Brett P. Hush of AeroVironment Inc. disposed of 203 shares of common stock to cover tax obligations related to vesting restricted stock awards.
Summary
- On July 11, 2024, Brett P. Hush, a Senior Vice President at AeroVironment Inc., disposed of 203 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of previously issued restricted stock awards.
- The shares were disposed of at a price of $175.34 per share.
- Following the transaction, Hush directly owns 4,797 shares of AeroVironment Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction for covering tax obligations and doesn't indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure related to insider transactions and is common for executives who receive stock-based compensation. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of stock disposition to cover tax obligations. |
| 07/15/2024 | Date of signature by attorney-in-fact, Colby Petersen. |
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