AVNW 8-K
Aviat Networks, Inc. (AVNW)
8-K
2025-07-03
For: 2025-07-01
View Original
Added on
April 06, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Form 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 1, 2025
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(Exact name of registrant as specified in its charter)
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of incorporation) | Number) | Identification No.) | ||||||||||||
(Address of principal executive offices, including zip code) | ||||||||||||||
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Registrant’s telephone number, including area code | ||||||||||||||
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Promotion of Gary Croke
On July 1, 2025, the Board of Directors (the “Board”) of Aviat Networks, Inc. (the “Company”) approved the appointment of Gary Croke, the Company’s current Vice President of Marketing and Product Line Management, to serve as the Company’s Senior Vice President of Product and Innovation, effective as of July 1, 2025. In connection with his new role, the Board approved: (i) an increased annual base salary of $350,000; (ii) an annual target bonus award of 40% of Mr. Croke’s base salary; and (iii) an annual long term incentive award of 50% of Mr. Croke’s base salary. Additionally, in connection with this organizational change, Mr. Croke will receive a one-time grant of Restricted Stock Units (“RSUs”) with a grant date value equal to $400,000. Such RSUs will be granted pursuant to the Company’s normal form award agreement and will vest ratably over three years.
SIGNATURE
| Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. | ||||||||||||||||||||
AVIAT NETWORKS, INC. | ||||||||||||||||||||
Date: July 3, 2025 | By: | /s/ Michael Connaway | ||||||||||||||||||
Name: | Michael Connaway | |||||||||||||||||||
Title: | Senior Vice President and Chief Financial Officer | |||||||||||||||||||