Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 23, 2026, Stephen Page, a member of the AeroVironment, Inc.…
AeroVironment (“AV”) (NASDAQ: AVAV) is a defense technology leader delivering integrated capabilities across air, land, sea, space, and cyber. The company develops and deploys autonomous systems, precision strike systems, counter-UAS technologies, space-based platforms, directed energy systems, and cyber and electronic warfare capabilities - built to meet the mission needs of today’s warfighter and tomorrow’s conflicts. With a national manufacturing footprint and a deep innovation pipeline, AV delivers proven systems and future-defining capabilities with speed, scale, and operational relevance. For more information visit: www.avinc.com.
Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 23, 2026, Stephen Page, a member of
the AeroVironment, Inc. (the “Company”) Board of Directors (the “Board”), notified the Board of his decision
to retire from the Board effective upon the expiration of his current term and not stand for re-election as a director of the Company.
Mr. Page will continue to serve as a director and as a member of the Board’s Audit Committee and Nominating and Corporate
Governance Committee until the completion of his term, which will end at the start of the Company’s 2026 annual meeting of stockholders,
anticipated to be held on September 24, 2026 (the “Annual Meeting”). Mr. Page’s decision not to stand for
re-election was not due to any disagreement with the Company, its auditors or advisors on any matter relating to the Company or its operations,
policies or practices.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
On July 29, 2026, the Company issued
a press release regarding Mr. Page’s decision to retire and not stand for re-reelection to the Board at the Annual Meeting,
a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference herein.
The information in this Item 7.01 of this Current Report on Form 8-K,
including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of such section. Such information shall not
be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except
as expressly set forth by specific reference in such filing.
Filed exhibits (1)
EX-99.1 (by filename) tm2621437d1_ex99-1.htm
EX-99.1
2
tm2621437d1_ex99-1.htm
EXHIBIT 99.1
Exhibit 99.1
AeroVironment Announces Planned Retirement of Stephen F. Page from Board
of Directors
ARLINGTON, Va. - July 29, 2026 - AeroVironment, Inc.
(“AV”) (NASDAQ: AVAV) today announced that Stephen F. Page, a member of AV’s Board of Directors (the “Board”),
has informed the Board of his decision not to seek re-election and to retire from the Board at the company’s 2026 Annual Meeting
of Stockholders.
During his 13 years on AV’s Board, Mr. Page provided
strategic, financial and governance oversight that supported the company’s growth and evolution into a leading multi-domain defense
technology provider.
“Since Steve joined AV’s Board 13 years ago, the company
has evolved from a pure-play UAS business into a cutting-edge provider of autonomous, space, cyber and directed energy systems,”
said Wahid Nawabi, AV’s chairman, president and chief executive officer. “Steve’s financial discipline and governance
rigor were a steady hand through that transformation. On behalf of the Board and our entire team, I thank Steve for his dedicated
service, and we wish him all the best.”
“It has been a privilege to serve on AV’s Board and to
s…