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 a transaction involving common stock to cover tax obligations related to vesting RSUs.
Summary
- On August 28, 2024, Erin Boase, VP Legal Affairs at Aviat Networks, reported a transaction involving the disposition of 389 shares of common stock.
- The shares were withheld to cover tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs).
- The transaction was executed at a price of $27.18 per share.
- Following the transaction, Boase directly owns 17,881 shares of Aviat Networks common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested RSUs, and doesn't indicate a significant shift in sentiment or company outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of the stock transaction (disposal of shares). |
| 08/29/2024 | Date of signature for the report. |
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