Home / Restatements / AeroVironment Inc

5/5AeroVironment Inc (AVAV): Non-reliance / restatement

Filed 2026-06-22 · Form 8-K · Accession 0001104659-26-076140 mid

Market data

Price before filing: $169.6 (2026-06-18 close, split/dividend-adjusted)
Market cap at flag: $7.54B (2026-06-22) · Latest: $6.07B (2026-10-16)

What happened next

WindowAVAVSPYvs SPY
30 days-11.4%+0.1%-11.4%2026-07-22
90 days-5.1%+3.8%-9.0%2026-09-21
180 dayspendingpendinguntil 2026-12-19

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $134K (3 sales)
30 days after: 2 insiders sold $78K (2 sales)

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-04-15PAGE STEPHEN F
Director
Sale250$197.29$49KyesForm 4
2026-05-15PAGE STEPHEN F
Director
Sale250$162.31$41KyesForm 4
2026-06-15PAGE STEPHEN F
Director
Sale250$174.41$44KyesForm 4
2026-06-22: red flag filed
2026-07-15PAGE STEPHEN F
Director
Sale248$143.00$35KyesForm 4
2026-07-15Shackley Brian Charles
SVP, Chief Accounting Officer
Sale300$143.00$43KyesForm 4

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-03-24 to 2026-07-22. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"Therefore, the Company's previous evaluation of its disclosure controls and procedures as of January 31, 2026 should no longer be relied upon. ​ Investors and other readers should rely only on the financial information and related disclosures regarding the Affected Period in the Form 10-Q/A and in any other future filings with the SEC (as applicable)."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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