[Form 4] Aviat Networks, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Gary Croke, SVP of Product and Innovation at Aviat Networks, Inc. (AVNW), reported a transaction on 08/28/2025 involving the company’s common stock. The report shows 181 shares were withheld to cover tax withholding in connection with the vesting of restricted stock units, at a price of $23.25 per share. After that withholding, the reporting person beneficially owned 45,159 shares and holds the shares in a direct ownership form. The filing was signed by an attorney-in-fact on 09/02/2025.
Positive
- Retains substantial direct ownership: reported beneficial ownership of 45,159 shares after the withholding
- Transaction tied to RSU vesting: the disposition was for tax withholding, not an open-market sale
Negative
- Minor reduction in holdings: 181 shares were disposed to cover tax withholding
- Transaction price disclosed: withholding recorded at $23.25 per share, showing realized value for the withheld shares
Insights
TL;DR: A routine tax-withholding disposition reduced an insider's holdings modestly; no material change to ownership.
The filing documents a customary withholding of 181 shares to satisfy tax obligations arising from RSU vesting. The action is recorded as a disposition at $23.25 per share and leaves the reporting person with 45,159 shares beneficially owned directly. This is a routine administrative transaction tied to compensation vesting rather than an open-market sale or other transfer. No additional transactions, pledges, or derivative positions are reported.
TL;DR: Administrative share withholding for taxes on vested RSUs; governance signal is neutral.
The form indicates the transfer was executed to cover tax withholding for RSU vesting, explicitly noted in the explanation. Such withholdings are standard and do not reflect a voluntary sale decision by the insider. The remaining reported direct beneficial ownership is quantified at 45,159 shares. The filing was executed by an attorney-in-fact, consistent with procedural handling of Form 4 submissions.