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Aviat Networks (NASDAQ: AVNW) SVP has 1,968 shares withheld for RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AVIAT NETWORKS, INC. senior vice president of product and innovation Gary Croke reported a tax-related share disposition. On July 7, 2026, 1,968 shares of common stock were withheld at $20.54 per share to satisfy tax obligations arising from the vesting of restricted stock units. Following this withholding, Croke directly holds 41,900 shares of Aviat Networks common stock. The transaction reflects tax withholding rather than an open-market sale.

Positive

  • None.

Negative

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Insights

Routine RSU tax withholding; no open-market trading signal.

The filing shows Gary Croke, SVP of Product and Innovation at Aviat Networks, had 1,968 common shares withheld at $20.54 per share on July 7, 2026. This covered the tax obligation tied to vesting restricted stock units (RSUs).

This F-code transaction is a tax-withholding disposition, not a discretionary market sale or purchase. After the withholding, Croke holds 41,900 shares directly, indicating he retains a meaningful equity position. As a result, the event is generally viewed as administrative and neutral for shareholders.

Insider Croke Gary
Role SVP of Product and Innovation
Type Security Shares Price Value
Tax Withholding Common Stock 1,968 $20.54 $40K
Holdings After Transaction: Common Stock — 41,900 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,968 shares Common stock withheld to cover RSU-related tax obligation on July 7, 2026
Withholding price per share $20.54 Value per Aviat Networks share used for tax withholding on July 7, 2026
Shares held after transaction 41,900 shares Directly held Aviat Networks common stock by Gary Croke following the withholding
Restricted Stock Unit (RSU) financial
"in connection with the vesting of RSU on July 7, 2026"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
tax withholding obligation financial
"Shares withheld to cover tax withholding obligation in connection"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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FAQ

What insider transaction did AVIAT NETWORKS (AVNW) report for Gary Croke?

Aviat Networks reported that Gary Croke had 1,968 shares of common stock withheld to cover tax obligations from RSU vesting on July 7, 2026, rather than executing an open-market sale.

Was the AVNW Form 4 transaction by Gary Croke a market sale or a tax withholding?

The AVNW Form 4 transaction was a tax-withholding disposition, code F, where 1,968 shares were withheld to satisfy RSU-related tax obligations, not an open-market sale or purchase.

How many AVIAT NETWORKS (AVNW) shares does Gary Croke hold after this Form 4 transaction?

After the tax-withholding event, Gary Croke directly holds 41,900 shares of Aviat Networks common stock, as disclosed in the Form 4 following the July 7, 2026 RSU vesting.

At what price were AVNW shares valued for Gary Croke’s tax withholding on July 7, 2026?

The shares withheld for Gary Croke’s tax obligation were valued at $20.54 per share, applied to 1,968 shares of Aviat Networks common stock on July 7, 2026.

What does transaction code F mean in the AVNW Form 4 for Gary Croke?

In this AVNW Form 4, transaction code F indicates a payment of tax liability by delivering securities, meaning shares were withheld to cover RSU-related taxes, not traded in the market.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Croke Gary

(Last)(First)(Middle)
AVIAT NETWORKS, INC.
200 PARKER DRIVE, SUITE C100A

(Street)
AUSTIN TEXAS 78728

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AVIAT NETWORKS, INC. [ AVNW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP of Product and Innovation
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock07/07/2026F1,968D$20.54(1)41,900D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares withheld to cover tax withholding obligation in connection with the vesting of RSU on July 7, 2026
Remarks:
/s/ Jonanna Mikulenka, as attorney-in-fact07/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)