Aviat Networks (AVNW) SVP Gary Croke Receives Award; Withholds Shares

What Happened

• Gary Croke, Senior VP of Product and Innovation at Aviat Networks (AVNW), received an award of 1,429 shares (reported as acquired at $0.00) on 2026-08-28 tied to the satisfaction of performance measures. On the same date, 80 shares were withheld to cover tax withholding at an average price of $20.00, a disposition valued at $1,600.
• This filing is an amendment: an earlier Form 4 filed on September 1, 2026 inadvertently omitted the additional shares; this Form 4 corrects that omission.

Key Details

• Transaction date(s): 2026-08-28 (award and tax withholding)
• Award: 1,429 shares acquired at $0.00 (restricted/performance-based award)
• Tax withholding: 80 shares withheld/disposed at $20.00 each; total value ~$1,600
• Shares owned after transaction: not specified in the information provided
• Footnotes: F1 — original Form 4 (9/1/2026) omitted additional shares earned from performance measures; F2 — 80 shares withheld to cover tax withholding on vesting
• Filing status: This is an amended Form 4 (filed 2026-09-25) correcting the earlier report

Context

• The primary event is a restricted/performance-based share award (acquisition), not an open-market purchase. The 80-share disposition is a tax-withholding transaction (common with vested awards) and does not indicate an intent to sell shares on the market.
• Amended filings are routine when initial reports omit information; investors should note the correction but not read motives into tax-withholding disposals.