[Form 4] Aviat Networks, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Reporting person: SMITH PETE A, identified as President and CEO of Aviat Networks, Inc. (AVNW).
Transaction: On 08/28/2025 the reporting person disposed of 4,052 shares of Aviat Networks common stock at a price of $23.25 per share. The filing states these shares were withheld to cover tax withholding in connection with the vesting of restricted stock units (RSUs).
Post-transaction ownership: The report shows 307,383 shares beneficially owned following the transaction, held directly. The Form 4 was signed by an attorney-in-fact, Peter Tomkie, on 09/02/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider share withholding for RSU taxes; not a material change to ownership or indicative of extraordinary activity.
The transaction is a common administrative disposition where 4,052 shares were withheld to satisfy tax obligations arising from RSU vesting. The per-share price of $23.25 reflects the sale price used for withholding on 08/28/2025. Post-transaction direct ownership remains substantial at 307,383 shares, so this action does not materially alter the reporting person’s economic stake or control. No derivative transactions, additional grants, or unusual transfers are disclosed.
TL;DR: Administrative tax-withholding sale tied to equity compensation; governance impact is neutral.
From a governance perspective, this Form 4 documents a standard mechanics-driven sale to satisfy tax withholding on vested RSUs. The filing clearly identifies the reporting person’s role as President and CEO and records direct beneficial ownership after the withholding event. The use of an attorney-in-fact to sign is routine. There are no red flags such as sales large enough to materially dilute leadership ownership or indications of Rule 10b5-1 trading plans in this disclosure.