---
schema_version: "secwatch.filing_event.v1"
accession: "0001377789-24-000013"
form_type: "8-K"
ticker: "AVNW"
cik: "0001377789"
company_name: "AVIAT NETWORKS, INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T18:32:44.272811+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Aviat Networks enters new employment agreements with CEO, CFO, GC, and VP Marketing

## Summary
- CEO Peter Smith: base salary $650k, target annual bonus 142% ($923k min for 2024), LTIP target 354%.
- CFO David Gray: base $364,208, target bonus 50% ($182,104 min 2024); GC Erin Boase and VP Gary Croke each $318k/$260k base, 40% bonus target.
- Severance on qualifying termination: 1.5x (CEO) or 1x (others) of salary plus prorated target bonus; COBRA up to 12 months.
- Change-in-control termination: same multiples plus full equity vesting (performance at target) and COBRA up to 18 months.
- Agreements include 12-month non-compete and perpetual confidentiality; initial term one year with auto-renewal.

## SEC filing metadata
- accession: 0001377789-24-000013
- form_type: 8-K
- ticker: AVNW
- cik: 0001377789
- company_name: AVIAT NETWORKS, INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1377789/000137778924000013/0001377789-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1377789/000137778924000013/avnw-20240415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001377789-24-000013
- JSON: https://secwatch.observer/filing/0001377789-24-000013.json
- Plain text: https://secwatch.observer/filing/0001377789-24-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.