Aviat CEO has 9,927 shares withheld for taxes
AVIAT NETWORKS, INC.
Rhea-AI Filing Summary
AVIAT NETWORKS, INC. (AVNW) reported that President and CEO Pete A. Smith had 9,927 shares of common stock withheld on September 12, 2026 to cover tax liability upon vesting of a restricted stock grant. After this tax-withholding disposition, he holds 417,954 shares of Aviat Networks common stock directly. No Rule 10b5-1 trading plan is reported.
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Insights
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Insider Trade Summary
Tax Withholding: 9,927 shares
Tax Withholding
1 txn
Insider
SMITH PETE A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 9,927 | $20.73 | $206K |
Holdings After Transaction:
Common Stock — 417,954 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover taxes on the vesting of a restricted grant.
Key Figures
Shares withheld for taxes: 9,927 shares
Transaction price per share: $20.73 per share
Shares held after transaction: 417,954 shares
3 metrics
Shares withheld for taxes
9,927 shares
Shares withheld on September 12, 2026 to cover tax liability on vesting of a restricted grant
Transaction price per share
$20.73 per share
Value used for the 9,927 shares withheld for tax liability
Shares held after transaction
417,954 shares
Direct holdings of Pete A. Smith after the September 12, 2026 transaction
Key Terms
Payment of tax liability by delivering or withholding securities, restricted grant, Common Stock
3 terms
Payment of tax liability by delivering or withholding securities financial
"The transaction is described as a payment of tax liability by delivering or withholding securities"
restricted grant financial
"Represents shares withheld to cover taxes on the vesting of a restricted grant"
Common Stock financial
"The reported security title is Common Stock of Aviat Networks, Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AVNW report for President and CEO Pete A. Smith?
Aviat Networks reported that Pete A. Smith had 9,927 shares of common stock withheld on September 12, 2026 to pay tax liability related to the vesting of a restricted stock grant.
Was Pete A. Smith’s AVNW Form 4 transaction a market sale?
No. The Form 4 describes the transaction as a payment of tax liability by delivering or withholding securities in connection with vesting of a restricted stock grant, not as an open-market sale.
Was Pete A. Smith’s AVNW transaction reported under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported for this tax-withholding transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.