Form 4: AeroVironment Inc. Executive Jeff E. Rodrian Reports Stock Disposition for Tax Obligations
SEC Form 4 Filing
Jeff E. Rodrian, a Senior Vice President at AeroVironment Inc., disposed of 255 shares of common stock to cover tax obligations related to vesting restricted stock awards.
Summary
- On July 11, 2024, Jeff E. Rodrian, a Senior Vice President of AeroVironment Inc., reported a transaction involving the company's common stock.
- Rodrian disposed of 255 shares at a price of $175.34 per share.
- The disposition was made to satisfy tax withholding obligations related to the vesting of previously issued restricted stock awards.
- Following the transaction, Rodrian directly owns 3,493 shares of AeroVironment Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, indicating insider activity related to stock compensation. It's common for executives to sell shares to cover tax obligations when restricted stock vests.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of stock transaction |
| 07/15/2024 | Date of signature by attorney-in-fact |
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