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Form 8-K/A · Current Report · Filed 2024-02-22

AeroVironment, Inc. Adopts Annual Advisory Votes on Executive Compensation

AeroVironment, Inc. has decided to hold future advisory votes on executive compensation, or say-on-pay votes, on an annual basis as recommended by the Company's board of directors, following a majority vote by shareholders at the Annual Meeting held on September 29, 2023.

Filer
AeroVironment Inc. AVAV · NASDAQ
Filed
Accession
0001104659-24-026435
CIK
0001368622
Signal
Low impactIndustrials

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Say-on-Pay Approved

Market reaction

Close before filing

$125.28

Next session

-1.6%

Since filing

+19.2%

Latest close

$149.37

What happened, not what will happen — closing prices around the filing date.

About AeroVironment Inc.

AeroVironment Inc. is a leading technology company specializing in unmanned aerial systems (UAS) and related products. Primarily serving defense, public safety, and commercial markets, AeroVironment's products are known for their innovation in surveillance, reconnaissance, and tactical operations. It develops and manufactures small, unmanned aircraft systems, tactical missile systems, and electric vehicle charging solutions, contributing significantly to both military and renewable energy sectors. AeroVironment has established itself as a vital player by providing key reconnaissance and surveillance capabilities to defense forces globally, enhancing situational awareness and operational effectiveness. The company's focus on energy-efficient and environmentally friendly technologies underscores its commitment to sustainability. Founded in 1971 and headquartered in Arlington, Virginia, AeroVironment's extensive expertise and pioneering technologies continue to advance the capabilities of UAS, playing a crucial role in modern intelligence and security operations. The company's influence extends across several industries, contributing to innovations in renewable energy infrastructure and achieving strategic breakthroughs in aerial system design and application.

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