Home / Auditor changes / AVIAT NETWORKS, INC.
Filed 2025-09-19 路 Form 8-K 路 Accession 0001377789-25-000084 small
Price before filing: $24.21 (2025-09-18 close, split/dividend-adjusted)
Market cap at flag: $384.9M (2025-09-19) 路 Latest: $244.7M (2026-10-16)
| Window | AVNW | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -3.7% | +1.6% | -5.3% | 2025-10-20 |
| 90 days | -13.8% | +2.4% | -16.3% | 2025-12-18 |
| 180 days | +3.2% | +0.4% | +2.8% | 2026-03-18 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 2 insiders sold $407K (4 sales)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-06-24 | Boase Erin VP Legal Affairs | Sale | 4,767 | $23.07 | $110K | no | Form 4 |
| 2025-07-01 | Boase Erin VP Legal Affairs | Sale | 200 | $25.00 | $5K | yes | Form 4 |
| 2025-07-03 | Boase Erin VP Legal Affairs | Sale | 5,634 | $25.00 | $141K | yes | Form 4 |
| 2025-09-02 | Croke Gary SVP of Product and Innovation | Sale | 6,742 | $22.41 | $151K | no | Form 4 |
| 2025-09-19: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-06-21 to 2025-10-19. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"On September 18, 2025, the Audit Committee of Board of Directors of the Company (the "Committee") approved the engagement of Grant Thornton LLP ("Grant Thornton") as its independent registered public accounting firm for the fiscal year ending June 26, 2026, subject to approval of shareholders at the Company's annual shareholder meeting."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: dismissed
Disagreements reported: no
Former auditor: Deloitte & Touche LLP · New auditor: Grant Thornton LLP
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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