{"url_path":"/sec/avav/8-k/2026-06-25/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-25","source_url":"https://www.sec.gov/Archives/edgar/data/1368622/0001104659-26-077575-index.html","accession_number":"0001104659-26-077575","cik":"0001368622","ticker":"AVAV","issuer_name":"AeroVironment Inc","edgar_url":"https://www.sec.gov/Archives/edgar/data/1368622/0001104659-26-077575-index.html","primary_entity_key":"0001368622","primary_entity_name":"AeroVironment Inc"},"word_count":243,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain Officers; Election of\nDirectors.**\n\n \n\nOn June 24, 2026, upon the recommendation of the\nNominating and Corporate Governance Committee of the Board of Directors (the “Board”) of AeroVironment, Inc. (the “Company”),\nthe Board (i) appointed William J. Lynn, III to the Board as a Class I director, effective immediately and (ii) decreased the size of\nthe board from ten (10) to nine (9) directors. The terms of the Company’s Class I directors, including Mr. Lynn, expire at the Company’s\n2026 Annual Meeting of Stockholders or upon the election and qualification of successor directors.\n\n \n\nThere are no arrangements or understandings between\nMr. Lynn and any other person pursuant to which he was selected as a director. Mr. Lynn has no family relationship with any director or\nexecutive officer of the Company and he has no direct or indirect material interest in any transaction involving the Company required\nto be disclosed under Item 404(a) of Regulation S-K. Mr. Lynn’s compensation for his Board service will be consistent with that\nprovided to all of the Company’s non-employee directors as disclosed and updated in the Company’s proxy disclosures annually.\nIn addition, the Company entered into an indemnification agreement with Mr. Lynn in connection with his appointment to the Board, in substantially\nthe same form as entered into with the Company’s other directors, available as Exhibit 10.1 in the Company’s Annual Report\non Form 10-K for the year ended April 30, 2025."}