AVIAT (AVNW) CEO Pete Smith Sells 14,264 Shares

What Happened

Pete A. Smith, President and CEO of Aviat Networks (AVNW), was granted 23,357 shares on 2026-08-28 in connection with the satisfaction of performance measures (acquired at $0). He then sold 14,264 shares in an open-market transaction on 2026-08-31 for total proceeds of $280,901 (weighted average price reported as $19.69).

Key Details

• Transactions reported: Award (A) of 23,357 shares on 2026-08-28; Sale (S) of 14,264 shares on 2026-08-31.
• Sale proceeds: $280,901; weighted average price $19.69 (range reported 19.6927–19.6931 across multiple trades).
• Award cost: $0 (performance-based grant per footnote F1).
• Filing: Form 4 filed 2026-09-01 (period of report lists 2026-08-28). Timeliness of filing is not indicated in the excerpt.
• Shares owned after the transactions: not disclosed in the provided excerpt of the filing.
• Footnotes: F1 = shares were granted for satisfying performance measures. F2 = the sale price is a weighted average; the reporting person can provide the breakdown of trades/prices on request.

Context

This filing shows a performance-based award followed shortly by an open-market sale of a portion of shares. Grants reported at $0 reflect issuance tied to compensation/vesting rather than market purchase. Sales by executives can be routine (e.g., tax withholding, diversification, or liquidity) and do not by themselves indicate company outlook; purchases are typically more directly interpreted as bullish signals. For exact post-transaction holdings or a full transaction breakdown, consult the complete Form 4 filing.