Form 4: Aviat Networks VP Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Gary Croke, VP of Marketing and PLM at Aviat Networks, sold 176 shares of common stock on August 28, 2024, to cover tax obligations related to vesting RSUs.
Summary
- On August 28, 2024, Gary Croke, VP of Marketing and PLM at Aviat Networks, sold 176 shares of common stock.
- The sale was executed to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
- The price per share was $27.18.
- Following the transaction, Croke directly owns 22,745 shares of Aviat Networks common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, reflecting an insider transaction related to tax obligations on vested equity. These filings are common and provide transparency into the trading activities of company insiders.
Stakeholder Impact
- The sale is unlikely to have a significant impact on stakeholders as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of the transaction: Gary Croke sold 176 shares of Aviat Networks common stock. |
| 08/29/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.