[Form 4] Aviat Networks, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Insider filing shows a tax-withholding disposition tied to RSU/PSU vesting. Erin Boase, Vice President Legal Affairs at Aviat Networks (AVNW), had 694 shares withheld on 09/01/2025 at a price of $22.96 to satisfy tax withholding for vested restricted stock units and performance stock units. Following the withholding, Boase beneficially owns 21,206 shares. The filing notes 2,130 PSUs reported on 09/06/2022 and that 2,129 PSU shares were achieved and released, with a one-share adjustment to total beneficial ownership.
Positive
- Timely Section 16 disclosure showing compliance with insider reporting requirements
- Transaction was administrative (tax withholding) tied to prescribed RSU/PSU vesting, not an open-market sale
Negative
- Beneficial ownership decreased by 694 shares due to withholding (from prior total to 21,206 shares)
Insights
TL;DR: Routine tax-withholding on equity vesting; compliance disclosure is timely and straightforward.
The Form 4 documents a non-market disposition (Code F) where 694 shares were withheld to cover tax obligations upon RSU/PSU vesting. This is a common administrative transaction that does not indicate discretionary insider selling. The beneficial ownership after the transaction is 21,206 shares, and the filing references prior PSU awards and releases. For governance purposes, the filing demonstrates appropriate Section 16 reporting and transparency.
TL;DR: Transaction is administrative, not a signaling open-market sale; limited investor impact.
The reported transaction uses transaction code F, confirming shares were withheld for tax withholding at $22.96 per share on 09/01/2025. The net change in outstanding beneficial ownership is small relative to company-wide share counts typically relevant to investors. No derivative transactions or additional dispositions are reported. This filing is informational and unlikely to materially affect valuation or market perception on its own.