Aviat Networks (AVNW) CFO Andrew C. Schmidt Receives RSU Award

What Happened
Andrew C. Schmidt, Chief Financial Officer of Aviat Networks (AVNW), was granted 9,474 restricted stock units (RSUs) on September 3, 2026. The award was reported on a Form 4 filed September 8, 2026. The units were granted at $0.00 per share (reported total $0) and represent an equity compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-03; Form 4 filed: 2026-09-08 (filed 5 days after the transaction).
• Transaction type/code: A — Award/Grant (RSU).
• Shares granted: 9,474 RSUs; price reported: $0.00; reported total value: $0.
• Vesting: RSU shares vest ratably on an annual basis over 3 years from the grant date (per footnote).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax-withholding or other special conditions disclosed in the Form 4.

Context
RSUs are a form of compensation that convert to shares as they vest; this grant does not reflect an immediate purchase or sale by the insider. The reported $0 grant value is the accounting of the award at grant and does not indicate future market value—actual value to the insider will depend on Aviat Networks' share price at each vesting date. Grants to executives are common and typically part of long-term retention and incentive programs.