X0202 SCHEDULE 13D/A 0001104659-25-046333 0002066762 XXXXXXXX LIVE 1 Common Stock, $0.0001 par value 06/17/2026 false 0001368622 008073108 AeroVironment Inc

241 18th Street South, Suite 650 Arlington VA 22202

Brian Foist 202-337-7500 Arlington Capital Partners 4747 Bethesda Ave., Suite 500 Bethesda MD 20814 0002066762 N Altitude V Holdings, LLC b WC N DE 6728262.00 0.00 6728262.00 0.00 6728262.00 N 13.5 OO Y Altitude VI Holdings, LLC b WC N DE 5307628.00 0.00 5307628.00 0.00 5307628.00 N 10.6 OO Y Arlington Capital Partners V, L.P. b AF N DE 6728262.00 0.00 6728262.00 0.00 6728262.00 N 13.5 PN Y Arlington Capital Partners VI, L.P. b AF N DE 5307628.00 0.00 5307628.00 0.00 5307628.00 N 10.6 PN Y Arlington Management V, L.L.C. b AF N DE 6728262.00 0.00 6728262.00 0.00 6728262.00 N 13.5 OO Y Arlington Management VI, L.L.C. b AF N DE 5307628.00 0.00 5307628.00 0.00 5307628.00 N 10.6 OO Common Stock, $0.0001 par value AeroVironment Inc 241 18th Street South, Suite 650 Arlington VA 22202 This Amendment No. 1 to Schedule 13D (this "Amendment No. 1") amends the Schedule 13D filed on May 8, 2025 (the "Schedule 13D") and relates to the common stock, $0.0001 par value ("Common Stock"), of AeroVironment, Inc. (the "Company" or "Issuer"). Except as specifically amended by this Amendment No. 1, the disclosure in the Schedule 13D remains in full force and effect. Capitalized terms used in this Amendment No. 1 but not otherwise defined shall have the meanings given to such terms in the Schedule 13D. Item 4 of the Schedule 13D is hereby amended to include the following: On June 16, 2026, each of David Wodlinger and Henry Albers provided separate notices informing the Company of their resignation from the Company's board of directors (the "Board") effective June 17, 2026. Both Mr. Wodlinger and Mr. Albers noted in their separate letters that their decision to resign from the Board is not the result of any disagreement with management on any matter relating to the Company's operations, policies, or practices. As previously disclosed, on May 1, 2025, Mr. Wodlinger and Mr. Albers were appointed to the Board after being named designees of ACP V and ACP VI (collectively, the "Shareholder"), in accordance with the terms of the Shareholder's Agreement, which was previously filed as Exhibit 99.3 to the Schedule 13D. Following the resignations of Messrs. Wodlinger and Albers, the Shareholder retains the right to designate two successor directors to fill the vacancies created by the resignations. As of the date of this report, the Shareholder has not designated any successor directors. Following these resignations, the Board consists of eight directors. The information set forth in rows 7 through 13 of the cover pages to this Schedule 13D is incorporated by reference. The percentage set forth in row 13 is based on 49,933,993 shares outstanding as of March 4, 2026, as reported by the Issuer in its Form 10-Q/A for the quarter ended January 31, 2026, as filed with the SEC on June 22, 2026. Altitude V is the direct beneficial owner of 6,728,262 shares of Common Stock, representing approximately 13.5% of the outstanding shares of Common Stock. Each of ACP V, as the sole member of Altitude V, and Arlington Management V, as the sole managing member of the general partner of ACP V, may be deemed to beneficially own the shares of Common Stock held by Altitude V. Altitude VI is the direct beneficial owner of 5,307,628 shares of Common Stock, representing approximately 10.6% of the outstanding shares of Common Stock. Each of ACP VI, as the sole member of Altitude VI, and Arlington Management VI, as the sole managing member of the general partner of ACP VI, may be deemed to beneficially own the shares of Common Stock held by Altitude VI. Each of Altitude V, ACP V and Arlington Management V may be deemed to have sole power to direct the vote and disposition of 6,728,262 shares of Common Stock held directly by Altitude V. Each of Altitude VI, ACP VI and Arlington Management VI may be deemed to have sole power to direct the vote and disposition of 5,307,628 shares of Common Stock held directly by Altitude VI. None of the Reporting Persons have effected any transactions in the Issuer's Common Stock during the past sixty days. Not applicable. Not applicable. Altitude V Holdings, LLC /s/ Peter Manos 06/24/2026 Altitude VI Holdings, LLC /s/ David Wodlinger 06/24/2026 Arlington Capital Partners V, L.P. /s/ Peter Manos 06/24/2026 Arlington Capital Partners VI, L.P. /s/ David Wodlinger 06/24/2026 Arlington Management V, L.L.C. /s/ Peter Manos 06/24/2026 Arlington Management VI, L.L.C. /s/ David Wodlinger 06/24/2026