[Form 4] AVIAT NETWORKS, INC. Insider Trading Activity

Rhea-AI Filing Summary

Insider award and holdings: The company reported that Pete A. Smith, who serves as President and CEO, received a grant of 70,316 Restricted Stock Units (RSUs) on 09/12/2025. The RSU grant carries a $0 per share acquisition price and will vest ratably on an annual basis over three years. After the grant, Mr. Smith beneficially owns 363,787 shares of the issuer's common stock. This Form 4 discloses a non-derivative equity award to an executive, increasing his direct beneficial ownership and aligning compensation with multi-year vesting.

Positive

• Material RSU grant of 70,316 shares increases executive stake and aligns incentives with shareholders
• Three-year ratable vesting ties compensation to multi-year retention and performance
• Post-grant beneficial ownership of 363,787 shares gives clear view of the CEO's equity stake

Negative

• None.

Insights

Compensation & Corporate Governance Analyst

TL;DR: CEO received a material RSU award of 70,316 shares that vests over three years, increasing direct ownership to 363,787 shares.

This RSU grant is a standard equity compensation mechanism to retain and align the CEO with shareholder interests. The three-year ratable vesting schedule spreads realization of economic value over time, which supports retention objectives and ties pay to ongoing company performance and tenure. The grant is reported as a non-derivative issuance at no cash price to the reporting person, consistent with typical restricted equity awards.

Securities/Insider Transaction Specialist

TL;DR: Form 4 records a single RSU issuance increasing insider holdings; transaction is administrative and routine.

From a disclosure perspective, the filing clearly identifies the transaction code and the post-transaction beneficial ownership. The structure—an RSU with annual ratable vesting over three years—limits immediate transferability until vesting conditions are met. The filing does not report cash purchase or derivative exercises, indicating this is a grant rather than a market transaction.

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).

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)
09/12/2025

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	09/12/2025		A(1)		70,316	A	$0	363,787	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. This represents a Restricted Stock Unit (RSU) grant. The RSU shares shall vest on an annual basis ratably over 3 years from date of grant.

Remarks:

	/s/ Peter Tomkie, as attorney-in-fact	09/16/2025
	** 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 CEO receive according to this Form 4?

The CEO received a grant of 70,316 Restricted Stock Units (RSUs) reported as a non-derivative acquisition at $0 per share.

How will the RSUs vest for the AVNW grant?

The RSU shares shall vest ratably on an annual basis over three years from the grant date.

What is the CEO's total beneficial ownership after the reported transaction?

Following the reported RSU grant, the reporting person beneficially owns 363,787 shares of common stock.

Was this Form 4 filed as a single reporting person or jointly?

The Form 4 indicates it was filed by one reporting person.

Does the filing show any derivative exercises or cash purchases?

No; the filing reports a non-derivative RSU grant and does not show derivative exercises or cash purchases.