CEO Pete Smith Sells $280K of Aviat Networks Stock
AVNW sits 34% above its 52-week low of $13.92.
Summary
Aviat Networks CEO Pete Smith sold $280,901 worth of stock on August 31, 2026, shortly after receiving a performance-based grant of 23,357 shares.
Key Events · Ownership and Investor Activity · AVNW
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CEO Sells $280,901 in Stock
Pete A. Smith, President and CEO, sold 14,264 shares at $19.69 on August 31, 2026, for total proceeds of $280,901.
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Performance Grant Received
On August 28, 2026, Smith received 23,357 shares in connection with satisfaction of performance measures, increasing his direct holdings to 382,104 shares before the sale.
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Post-Sale Holdings
Following the sale, Smith directly holds 367,840 shares, representing a meaningful ongoing equity stake.
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Timing Context
The sale occurred three days after the performance grant and one day before the company's Q4 earnings report on August 27, 2026, which showed revenue growth but a GAAP loss.
Analysis · AVNW · Manufacturing
President and CEO Pete A. Smith sold 14,264 shares at $19.69 on August 31, 2026, for $280,901. The sale came three days after he received 23,357 performance-based shares, suggesting the sale may be tied to covering tax obligations or monetizing the newly vested grant. While the dollar amount is modest relative to the company's size, CEO sales carry outsized weight as a signal of insider sentiment, especially when they follow a performance award.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1973 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AVNW was trading at $18.66 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $238.9M. The 52-week trading range was $13.92 to $27.02. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.