Insider plans $450K stock sale at Issuer (NASDAQ: AVNW)

Rhea-AI Filing Summary

An insider of AVNW has filed a Rule 144 notice to sell 17,086 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $449,812.87. The issuer reports 12,902,310 shares outstanding, providing context for the potential sale size.

The shares to be sold were acquired on February 9, 2026 by exercising stock options under a registered plan, paid in cash on the same date. Over the prior three months, Pete Smith sold 5,350 common shares for gross proceeds of $125,136.50.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	17086	449812.87	12902310	02/09/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/09/2026	Exercise of options under a registered plan	Issuer			17086	02/09/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Pete Smith 200 Parker Drive 200 Parker Drive, Suite C100A Austin TX 78728	Common	11/11/2025	5350	125136.50

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the AVNW Rule 144 filing disclose about share sales?

The filing discloses a planned sale of 17,086 AVNW common shares under Rule 144 with an aggregate market value of $449,812.87. It also notes 12,902,310 shares outstanding to contextualize the potential sale relative to the company’s total equity.

How were the AVNW shares being sold under Rule 144 acquired?

The 17,086 AVNW common shares were acquired on February 9, 2026 through the exercise of stock options under a registered plan. The filing states the purchase price was paid in cash on the same date as the option exercise.

Which broker is handling the AVNW Rule 144 stock sale?

The Rule 144 sale of 17,086 AVNW common shares is being handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004. The shares are listed for trading on the NASDAQ exchange.

What recent AVNW insider sales are reported in the last three months?

The notice reports that Pete Smith sold 5,350 AVNW common shares on November 11, 2025, generating gross proceeds of $125,136.50. This prior transaction is disclosed alongside the new planned sale of 17,086 shares under Rule 144.

How large is the planned AVNW Rule 144 sale relative to shares outstanding?

The planned sale of 17,086 common shares under Rule 144 is disclosed alongside a figure of 12,902,310 shares outstanding for AVNW. This comparison helps investors gauge the relative size of the contemplated sale in the context of total equity.

What representations does the AVNW insider make in the Rule 144 notice?

By signing the notice, the insider represents they do not know any material adverse information about AVNW’s current or prospective operations that has not been publicly disclosed. The form also warns that intentional misstatements or omissions may constitute federal criminal violations.