AVNW Insider RSU/PSU Withholding: Erin Boase Reports 21,206 Shares After Vesting

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

Corporate Governance Expert

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.

Securities Analyst

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.

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^*

Boase Erin

(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)
	VP Legal Affairs

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025

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	09/01/2025		F		694	D	$22.96(1)	21,206(2)	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. Shares withheld to cover tax withholding obligation in connection with the vesting of RSU and PSU vesting on September 1, 2025

2. 2,130 Performance Stock Units (PSUs) shares reported on September 6, 2022 and 2,129 shares achieved and released. One share adjusted from total shares beneficially owned.

Remarks:

	/s/ Peter Tomkie, as attorney-in-fact	09/03/2025
	** 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 the Form 4 for AVNW report on 09/01/2025?

The filing reports 694 shares withheld at a price of $22.96 to satisfy tax withholding for RSU and PSU vesting on 09/01/2025.

Who filed the Form 4 for AVIAT NETWORKS (AVNW)?

The reporting person is Erin Boase, Vice President Legal Affairs; the form was signed by an attorney-in-fact on her behalf.

How many shares does the insider own after the transaction?

The filing shows 21,206 shares beneficially owned following the reported transaction.

Was this an open-market sale or a withholding for taxes?

This was a tax-withholding disposition related to RSU/PSU vesting, indicated by transaction code F, not an open-market sale.

Did the filing reference prior PSU awards?

Yes; it references 2,130 PSUs reported on 09/06/2022 and 2,129 PSU shares achieved and released, with a one-share adjustment.