Form 4: Aviat Networks VP Legal Affairs Tax Withholding
Insider Transaction Report
Aviat Networks' VP Legal Affairs, Erin Boase, reported a disposition of 694 shares for tax withholding related to RSU and PSU vesting.
Summary
- Erin Boase, VP Legal Affairs at Aviat Networks, Inc. (AVNW), reported a transaction on September 1, 2025.
- The transaction involved the disposition of 694 shares of common stock.
- These shares were withheld to cover tax obligations associated with the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
- The deemed price for the disposed shares was $22.96.
- Following this transaction, Erin Boase beneficially owns 21,206 shares of Aviat Networks common stock.
- The filing also noted that 2,130 Performance Stock Units (PSUs) were reported on September 6, 2022, with 2,129 shares achieved and released, resulting in a one-share adjustment to total beneficially owned shares.
Sentiment
Score: 5
Explanation: The filing reports a routine tax withholding transaction related to equity compensation vesting, which is a neutral event reflecting standard compensation practices rather than a strategic move or performance indicator.
Positives
- The transaction indicates the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) for the VP Legal Affairs, which is a form of compensation.
Stakeholder Impact
- Shareholders: Minimal direct impact as it's a routine compensation-related transaction for a relatively small number of shares.
- Employees (specifically the reporting person): Indicates the realization of equity compensation, which is positive for the individual.
Key Dates
| Date | Description |
|---|---|
| 09/06/2022 | Date 2,130 Performance Stock Units (PSUs) shares were reported. |
| 09/01/2025 | Date of transaction for tax withholding related to RSU and PSU vesting. |
| 09/03/2025 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
Aviat Networks, AVNW, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Erin Boase, Equity Compensation, RSU, PSU
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