[Form 4] Aviat Networks, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Aviat Networks insider filing shows President and CEO Pete A. Smith reduced his direct holdings by 78 shares on 09/09/2025 at a reported price of $23.25 per share. The Form 4 reports the disposition was coded as an internal withholding (Code F) related to tax withholding for restricted stock units that vested on August 28, 2025. After the withholding, Mr. Smith is reported to beneficially own 293,471 shares directly.

The filing was submitted via attorney-in-fact and includes an explanation that an audit determined additional shares were required to satisfy the tax obligation on the RSU vesting. No other transactions or derivative activity are reported.

Positive

• Continued substantial ownership: Reporting person retains 293,471 shares following the transaction, indicating ongoing alignment with shareholders
• Transparent disclosure: Filing includes an explanation that the withholding was required after an audit for RSU vesting, helping clarify the reason for the disposition

Negative

• Disposition of shares: 78 shares were disposed of at $23.25, reflecting dilution of the reporting person's direct holdings, albeit small

Insights

Corporate Governance Expert

TL;DR: Routine RSU tax-withholding; minimal governance signal given small share count involved.

The Form 4 documents a customary disposition of 78 shares to cover tax withholding for vested RSUs. This is a common administrative action and does not indicate a deliberate open-market sale by the CEO. The remaining direct ownership of 293,471 shares retains alignment between management and shareholders. The disclosure is timely and includes an explanatory note, supporting governance transparency.

Securities Analyst

TL;DR: Immateral to valuation; a minor withholding transaction with negligible impact on float or liquidity.

The reported transfer at $23.25 for 78 shares is immaterial relative to typical market volumes and the CEO's post-transaction stake. There are no option exercises, open-market sales, or derivative changes disclosed. Investors should view this as an administrative tax-withholding event tied to RSU vesting rather than a signal of change in conviction.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SMITH PETE A

(Last) (First) (Middle)

AVIAT NETWORKS INC.

200 PARKER DRIVE, SUITE C100A

(Street)

AUSTIN TX 78728

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AVIAT NETWORKS, INC. [ AVNW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/09/2025		F		78(1)	D	$23.25	293,471	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Audit determined additional shares needed to be withheld to cover tax withholding obligation in connection with the vesting of RSU's vesting on August 28, 2025.

Remarks:

	/s/ Peter Tomkie, as attorney-in-fact	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AVNW insider Pete A. Smith report on Form 4?

The Form 4 reports Mr. Smith disposed of 78 shares on 09/09/2025 at $23.25 related to tax withholding for RSUs; he now beneficially owns 293,471 shares.

Why were the 78 AVNW shares disposed?

The filing states an audit determined additional shares were needed to be withheld to cover the tax withholding obligation for RSUs that vested on August 28, 2025.

Does this Form 4 show any option exercises or derivative transactions for AVNW?

No. Table II shows no derivative securities activity; the reported action is a non-derivative disposition to cover tax withholding.

When was the Form 4 for AVNW signed and filed?

The signature block shows the form was signed by an attorney-in-fact, Peter Tomkie, on 09/11/2025.

Does this transaction indicate a major change in insider ownership at AVNW?

No. The transaction is administrative and small (78 shares); post-transaction direct ownership remains 293,471 shares.