Form 4: Aviat Networks CFO Receives RSU Grant
Insider Transaction Report
Aviat Networks' SVP and Chief Financial Officer, Andrew C. Schmidt, was granted 15,647 Restricted Stock Units, vesting over three years.
Summary
- Andrew C. Schmidt, Senior Vice President and Chief Financial Officer of Aviat Networks, Inc. (AVNW), was granted 15,647 Restricted Stock Units (RSUs).
- The transaction date for this RSU grant is December 3, 2025.
- The RSUs will vest on an annual basis, ratably over three years from the date of grant.
- The grant price for these RSUs was $0, which is typical for such compensation.
- Following this transaction, Andrew C. Schmidt beneficially owns 15,647 securities directly.
Sentiment
Score: 7
Explanation: The RSU grant is a positive event for aligning management incentives with shareholder interests, reflecting standard compensation practices. It does not indicate any negative operational or financial news.
Positives
- The RSU grant aligns the interests of the Chief Financial Officer with those of shareholders, as the value of the compensation is tied to the company's stock performance.
- RSU grants are a common form of executive compensation, indicating standard corporate practices for retaining and incentivizing key management.
Risks
- The value of the RSU grant is subject to the future performance of Aviat Networks' stock price.
- The RSUs vest over three years, meaning the full benefit is contingent on continued employment and the company's performance over that period.
Industry Context
This filing is a routine insider transaction report, common across all industries, reflecting executive compensation practices rather than broader industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Andrew C. Schmidt granted Peter Tomkie Power of Attorney to execute and file Forms 3, 4, and 5 on his behalf, streamlining compliance with Section 16(a) of the Securities Exchange Act of 1934. | 2025-11-24 | Enhances efficiency and ensures timely compliance with SEC insider trading reporting requirements for the reporting person. |
Stakeholder Impact
- Shareholders: The RSU grant aligns the Chief Financial Officer's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved management incentives.
- Employees: This reflects standard executive compensation practices, which can influence overall compensation strategies within the company.
Next Steps
- The granted RSUs will vest annually over a three-year period from the grant date of December 3, 2025.
Key Dates
| Date | Description |
|---|---|
| 2025-11-24 | Andrew Schmidt granted Peter Tomkie Power of Attorney to execute and file Section 16(a) documents on his behalf. |
| 2025-12-03 | Transaction date for the Restricted Stock Unit (RSU) grant to Andrew C. Schmidt. |
| 2025-12-05 | Date the Form 4 was signed by Peter Tomkie, as attorney-in-fact for Andrew C. Schmidt. |
Keywords
Aviat Networks, AVNW, Restricted Stock Units, RSU grant, insider transaction, executive compensation, Form 4, Andrew C. Schmidt, CFO
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