AVIAT NETWORKS (AVNW) VP Erin Boase Withholds 442 Shares for Taxes

What Happened
Erin Boase, VP Legal Affairs at AVIAT NETWORKS (AVNW), had 442 shares withheld to satisfy tax withholding related to the vesting of a restricted stock grant. The withholding was recorded at $20.73 per share for a total value of approximately $9,163. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-12; Price per share: $20.73; Shares withheld/disposed: 442; Total value: ~$9,163.
• Filing date (Form 4): 2026-09-14. The filing appears timely based on the reported dates.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 — represents shares withheld to cover taxes on the vesting of a restricted grant.
• Transaction code: F (payment of exercise price or tax liability via share withholding).

Context
This was a routine tax-withholding event tied to the vesting of a restricted award. Shares withheld to cover taxes are a common administrative action (a cashless withholding), not an indicator of a deliberate open-market sale or purchase decision by the insider. Retail investors should treat tax-withholding dispositions as administrative and not necessarily reflective of management sentiment.