Aviat Networks Inc SEC Filings

Peter A. Smith, President and CEO of Aviat Networks, Inc. (AVNW), reported a Form 4 disclosing a non‑derivative share disposition on 09/01/2025. The filing shows 13,834 shares of common stock were disposed of at a price of $22.96 per share, with 293,549 shares beneficially owned by Mr. Smith after the transaction. The filing explains these shares were withheld to cover tax withholding obligations in connection with the vesting of RSUs and PSUs. The Form 4 was signed by an attorney‑in‑fact on 09/03/2025 on behalf of the reporting person.

Gary Croke, SVP of Product and Innovation at Aviat Networks (AVNW), exercised and sold stock under a prearranged plan. On 09/02/2025 he exercised a non-qualified option to acquire 6,742 shares at an $8.90 exercise price and immediately sold 6,742 shares at a weighted-average price of $22.4103, leaving him with 45,159 shares beneficially owned. The transactions were completed pursuant to a Rule 10b5-1 trading plan and the option was originally granted on 09/07/2018 and vested over three years. The Form 4 was signed by an attorney-in-fact on 09/03/2025.

Aviat Networks (AVNW) Form 144: This notice reports a proposed sale of 6,742 common shares acquired and paid for by exercise of stock options on 09/02/2025. The broker listed is Morgan Stanley Smith Barney LLC and the aggregate market value of the shares at filing is $154,796.32. The filing lists approximately 12,692,431 shares outstanding and identifies the intended market as NASDAQ.

The filer indicates the securities were acquired from the issuer by option exercise and paid in cash on the same date. No other sales by the same person in the past three months are reported. Several standard form fields such as the filer CIK/relationship to issuer and contact details are not populated in the provided text.

Aviat Networks insider Erin Boase, listed as VP Legal Affairs, reported a non-derivative disposal of common stock on 08/28/2025. The filing shows 389 shares were disposed at a price of $23.25 per share, and the reporting person holds 21,901 shares following the transaction. The transaction is explained as shares withheld to cover tax withholding in connection with the vesting of RSUs. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person and reflects routine compensation-related share withholding rather than an open-market sale.

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.

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.

Aviat Networks disclosed the voluntary resignation of Senior Vice President and Chief Financial Officer Michael Connaway, effective after the company files its fiscal 2025 Form 10-K. The Board appointed Fredrickson as Interim Chief Financial Officer and the company will enter into an employment agreement providing a $10,000 monthly stipend in addition to his existing $250,000 annual base salary. He remains eligible for the Annual Incentive Plan with a 35% target bonus and the Long-Term Incentive Program. Fredrickson will receive a one-time $60,000 restricted stock unit award vesting after one year. The term runs until a permanent CFO is appointed; change-in-control and confidentiality provisions are included. A press release dated August 27, 2025 is attached as Exhibit 99.1.

Royce & Associates LP ("RALP") has filed Amendment No. 12 to its Schedule 13G for Aviat Networks, Inc. (NASDAQ: AVNW). The registered investment adviser now reports beneficial ownership of 627,839 common shares, representing 4.93 % of Aviat’s outstanding stock as of 30 June 2025. All shares are held with sole voting and dispositive power; no shared voting or dispositive rights exist.

The filing is noteworthy because the stake has fallen below the 5 % reporting threshold, requiring disclosure under Rule 13d-1. Item 5 confirms that RALP now owns "5 percent or less of the class." The amendment therefore functions as an "exit filing," signalling that the institutional holder has trimmed its position sufficiently to lose statutory insider status.

RALP makes the standard certification that the securities were acquired in the ordinary course of business and not to influence control of the issuer. An exhibit clarifies that the shares are held on behalf of investment-management clients and that neither Franklin Resources, Inc. (RALP’s parent) nor its principal shareholders are deemed beneficial owners due to internal information barriers.

• Shares owned: 627,839
• Percent of class: 4.93 %
• Voting/dispositive power: Sole
• Reporting entity type: Investment Adviser (IA)
• Date of event: 30 June 2025; filing signed 15 July 2025

For investors, the reduced stake could modestly lessen near-term institutional support or perceived strategic interest from RALP, although the firm remains a meaningful holder just under the 5 % level.