secwatch.observer — SEC 8-K summary
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Issuer:     AeroVironment Inc (AVAV)
CIK:        0001368622
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001104659-26-024083
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AeroVironment adopts NQDC plan, adds two presidents to executive severance plan
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- Nonqualified deferred comp plan effective March 1, 2026; key employees may defer up to 75% of salary and bonuses.
- Directors may defer cash fees and equity grants; no matching contributions; plan unfunded with rabbi trust.
- Distributions: lump sum or 2-10 year installments on retirement; lump sum on death, disability, or non-retirement separation.
- Trace Stevenson (President, Autonomous Systems) and Mary Clum (President, Space, Cyber & Directed Energy) added to Executive Severance Plan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368622/000110465926024083/0001104659-26-024083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368622/000110465926024083/tm268059d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-024083

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