Form 4: Aviat Networks VP Legal Affairs, Erin Boase, Reports Stock Transaction
SEC Form 4 Filing
Erin Boase, VP Legal Affairs at Aviat Networks, reports the disposal of 265 common stock shares to cover tax obligations related to vesting RSUs on August 30, 2024.
Summary
- On August 30, 2024, Erin Boase, VP Legal Affairs at Aviat Networks, disposed of 265 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The shares were sold at a price of $27.45 per share.
- Following the transaction, Ms. Boase directly owns 17,616 shares of Aviat Networks common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no significant positive or negative implications for the company's outlook.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vested RSUs, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of stock transaction (disposal of shares). |
| 09/03/2024 | Date of signature on the Form 4 filing. |
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