Monitor future filings for details on any discretionary contributions made under the plan. The lack of matching contributions suggests cost control, but the plan may help retain key executives. The rabbi trust structure provides some security for participants while maintaining the unfunded status for accounting purposes.
Price Chart
Executive Summary
AeroVironment (AVAV) adopted a new Non-Qualified Deferred Compensation Plan effective March 1, 2026, for key employees and non-employee directors. The plan allows deferral of up to 75% of base salary and bonuses for employees, and deferral of board fees and equity grants for directors. The company will not provide matching contributions but may make discretionary contributions. The plan is unfunded and backed by a rabbi trust, with distributions generally made as lump sums upon separation from service.
Key Facts
- AeroVironment adopted a Non-Qualified Deferred Compensation Plan effective March 1, 2026
- Plan covers key employees (including named executive officers) and non-employee directors
- Employees may defer up to 75% of base salary and all or portion of cash bonuses
- Non-employee directors may defer cash board fees and equity grants
- No matching contributions will be made by the company
- Company may make discretionary contributions to participants meeting certain requirements
- Plan is unfunded with obligations backed by a rabbi trust
- Distributions generally made as lump sums upon separation from service
- Two executives (Trace Stevenson and Mary Clum) were added to the Executive Severance Plan
Financial Impact
No immediate financial impact disclosed. The plan is unfunded and does not include matching contributions. Future discretionary contributions are unspecified.
Risk Factors
- Potential future liability from discretionary contributions not currently quantified
- Risks associated with the rabbi trust - assets are subject to claims of general creditors in bankruptcy
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-024083 |
| Document: tm268059d1_8k.htm | 0001104659-26-024083 |
| Document: 0001104659-26-024083-index-headers.html | 0001104659-26-024083 |
| Document: 0001104659-26-024083-index.html | 0001104659-26-024083 |
| Document: 0001104659-26-024083.txt | 0001104659-26-024083 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 22, 2026 5w ago | Institutional Cluster | $148.20 $159.95 | ▲ +7.93% | ▲ +7.91% | $140.82 (−4.98%) |
Aug 7, 2026 8w ago | 8-K | $186.73 $144.65 | ▼ −22.54% | ▼ −22.14% | $140.82 (−24.59%) |
Jul 29, 2026 9w ago | 8-K | $142.12 $146.88 | ▲ +3.35% | ▼ −1.67% | $140.82 (−0.91%) |
Jun 29, 2026 13w ago | 8-K | $165.07 $154.24 | ▼ −6.56% | ▼ −5.53% | $140.82 (−14.69%) |
Jun 22, 2026 14w ago | 10-Q/A | $151.33 $142.20 | ▲ +6.03% | ▲ +5.89% | $140.82 (+6.95%) |
Jun 22, 2026 14w ago | 8-K | $151.33 $142.20 | ▲ +6.03% | ▲ +5.89% | $140.82 (+6.95%) |
Jun 11, 2026 16w ago | Institutional Cluster | $183.69 $148.40 | ▼ −19.21% | ▼ −21.10% | $140.82 (−23.34%) |
Apr 15, 2026 24w ago | 144 | $201.99 $160.99 | ▼ −20.30% | ▼ −26.11% | $140.82 (−30.28%) |
Apr 13, 2026 24w ago | 8-K | $194.39 $166.45 | ▼ −14.37% | ▼ −22.10% | $140.82 (−27.56%) |
Apr 9, 2026 25w ago | 8-K | $177.70 $174.37 | ▼ −1.87% | ▼ −9.44% | $140.82 (−20.75%) |
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