Form 4: AeroVironment SVP, Gen. Counsel, Corp. Sec. Melissa Ann Brown Reports Stock Transaction
SEC Form 4 Filing
Melissa Ann Brown, SVP, Gen. Counsel, Corp. Sec. of AeroVironment Inc, reports disposition of 838 shares of common stock to cover tax obligations.
Summary
- On July 11, 2024, Melissa Ann Brown, SVP, Gen. Counsel, Corp. Sec. of AeroVironment Inc, disposed of 838 shares of common stock.
- The transaction was executed 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, Brown directly owns 14,152 shares of AeroVironment Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of stock transaction (disposition of shares). |
| 07/15/2024 | Date of signature on the report by Colby Petersen, attorney-in-fact. |
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