Insider plans 6,914-share sale at company (NASDAQ: AVNW)

Rhea-AI Filing Summary

An insider of the issuer plans to sell 6,914 shares of common stock through Morgan Stanley Smith Barney LLC on or around February 6, 2026 on the NASDAQ, with an aggregate market value of $178,242.92.

The shares were acquired the same day by exercising stock options for cash, and the issuer reports 12,902,310 shares of this class outstanding. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

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

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	6914	178242.92	12902310	02/06/2026	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	02/06/2026	Exercise of Stock Options	Issuer			6914	02/06/2026	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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 this Form 144 filing for AVNW indicate?

It indicates an insider intends to sell 6,914 shares of common stock on NASDAQ. The shares, worth $178,242.92, were acquired by exercising stock options for cash on February 6, 2026, and will be sold through Morgan Stanley Smith Barney LLC.

How many AVNW shares are planned to be sold under this notice?

The notice covers a proposed sale of 6,914 common shares. These shares have an aggregate market value of $178,242.92 and will be sold on the NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services, according to the disclosed transaction details.

How were the AVNW shares in this Form 144 acquired?

The 6,914 shares were acquired on February 6, 2026 through an exercise of stock options from the issuer. The exercise was paid for in cash, and those newly acquired shares are the same ones covered by the planned sale in this notice.

What is the aggregate market value of the AVNW shares to be sold?

The filing lists an aggregate market value of $178,242.92 for the 6,914 common shares to be sold. This value reflects the market price used for the Form 144 calculation in connection with the intended NASDAQ sale via Morgan Stanley Smith Barney LLC.

How many AVNW shares are outstanding compared with this planned sale?

The issuer reports 12,902,310 shares of the same class outstanding. The planned sale covers 6,914 shares, which is a small fraction of the total outstanding, providing context for the relative size of the proposed insider sale.

Does the AVNW insider make any representation about non-public information?

Yes. By signing the notice, the selling person represents they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed, consistent with the standard representation language in such notices.