Aviat Networks Inc SEC Filings

Aviat Networks, Inc. (AVNW) is a global supplier of microwave and access networking equipment and services, selling radios, routers, software and professional services to service providers, private networks and public-safety customers. The company completed three acquisitions to expand capabilities: NEC's wireless transport business (closed Nov 30, 2023), Redline (fiscal 2023) and 4RF (acquired July 2, 2024 for $18.2 million net of cash). Aviat reports $59.7 million in cash and cash equivalents and outstanding borrowings of $73.1 million on its Term Loan and $15.0 million on its Revolver as of June 27, 2025. Aviat emphasizes Total Cost of Ownership (TCO) and offers products across 450 MHz to 90 GHz up to 20 Gbps, including multi-band and E-Band solutions. The company notes a lengthy 12–24 month sales cycle, exposure to pricing pressure and supply-chain and foreign-currency risks, maintains a $10.0 million repurchase authorization with $6.3 million remaining, does not pay dividends, and has approximately 12.8 million shares outstanding.

Gary Croke, SVP of Product and Innovation at Aviat Networks (AVNW), reported a transaction dated 09/01/2025 on a Form 4. The filing shows 504 shares were disposed under transaction code F at a price of $22.96 per share, with the disposition described as shares withheld to cover tax withholding in connection with RSU and PSU vesting on that date. After the reported transaction, Mr. Croke beneficially owned 44,654 shares directly. The form notes prior PSU reporting from 09/06/2022 totaling 1,050 PSUs and that 1,049 shares were achieved and released, with a one-share adjustment. The filing is signed by an attorney-in-fact on 09/03/2025.

Insider filing shows a tax-withholding disposition tied to RSU/PSU vesting. Erin Boase, Vice President Legal Affairs at Aviat Networks (AVNW), had 694 shares withheld on 09/01/2025 at a price of $22.96 to satisfy tax withholding for vested restricted stock units and performance stock units. Following the withholding, Boase beneficially owns 21,206 shares. The filing notes 2,130 PSUs reported on 09/06/2022 and that 2,129 PSU shares were achieved and released, with a one-share adjustment to total beneficial ownership.

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.