The sale was non-discretionary to cover taxes from vested restricted stock awards, leaving Nawabi with 162,200 shares.
AeroVironment CEO Wahid Nawabi sold 5,246 shares on July 10, 2026, at a weighted average price of $144.58. The transaction was executed solely to meet tax withholding requirements tied to the vesting of restricted stock awards, not a voluntary market sale.
The disposal follows a routine procedural event, with Nawabi retaining direct ownership of approximately 162,200 shares, or 0.32% of the company’s outstanding stock. The vesting reflects fulfillment of service or performance milestones under AeroVironment’s equity incentive plan.
Shares closed at $144.58 on July 10, 2026, matching the sale price. The CEO’s remaining stake underscores long-term alignment with shareholders, according to the filing.