Avnet SEC Filings

On 1 July 2025, Avnet, Inc. (AVT) filed a Form 4 disclosing that director Oleg Khaykin received 581 Phantom Stock Units (PSUs) at an accounting value of $52.77 per unit—approximately $30.6 thousand—by electing to defer 100 % of his quarterly cash retainer under the company’s Deferred Compensation Plan for Outside Directors. Each PSU converts 1-for-1 into common stock when the director departs the board or upon a change of control. After the grant, Khaykin beneficially owns 49,830 PSUs and 9,000 shares of AVT common stock directly. Because the award stems from fee deferral rather than an open-market purchase or sale, the transaction has no immediate cash-flow impact on the company, but modestly increases the director’s equity stake and aligns his incentives with long-term shareholder value.

Avnet, Inc. (AVT) – Form 4 insider filing dated 06/18/2025

Director Ernest E. Maddock reported a small, routine equity accrual linked to the company’s dividend reinvestment feature. On 06/18/2025 he acquired 76 Phantom Stock Units (PSUs) at an implied reference price of $51.54 per unit, coded “A” on the Form 4, indicating an acquisition rather than a sale. Each PSU represents one share of Avnet common stock and will convert to common shares when Maddock leaves the Board or if a change-of-control event occurs. Following the transaction he now holds 11,889 PSUs directly. No open-market purchases or disposals of Avnet’s common stock were reported; Maddock’s direct common-share ownership remains at 5,265 shares. The filing reflects ordinary, dividend-equivalent compensation and does not signal any change in the company’s strategic outlook or governance structure. Overall, the event is administratively important but financially immaterial for investors.

Avnet Director Oleg Khaykin reported changes in beneficial ownership through the acquisition of Phantom Stock Units (PSUs) on June 18, 2025. The transaction details include:

• Acquired 313 PSUs at a price of $51.54 per unit as a result of quarterly dividend reinvestment
• Now beneficially owns 49,249 PSUs in total (Direct Ownership)
• Maintains direct ownership of 9,000 shares of common stock

Each PSU represents one share of Avnet common stock and will be settled in common stock upon either the director's departure from the Board or a change in control of the company. This transaction reflects standard quarterly dividend reinvestment rather than an open market purchase or sale.

Form 4 filing reveals insider trading activity for Virginia Henkels, Director at Avnet (NYSE: AVT). On June 18, 2025, Henkels acquired 22 Phantom Stock Units (PSUs) at a price of $51.54 per unit as part of a quarterly dividend reinvestment.

Key details of the transaction:

• Current PSU holdings increased to 3,487 units following the transaction
• Maintains direct ownership of 1,265 shares of common stock
• PSUs convert one-to-one to common stock upon leaving the Board or change in control

This routine transaction represents ongoing alignment of director interests with shareholders through equity-based compensation. The acquisition of additional PSUs through dividend reinvestment demonstrates the company's commitment to director stock ownership and long-term value creation.

Form 4 snapshot: Avnet, Inc. (AVT) director Helmut Gassel reported a routine equity award dated 06/18/2025. The filing shows the automatic crediting of 22 Phantom Stock Units (PSUs) tied to quarterly dividends, priced at $51.54 per unit. PSUs convert 1-for-1 into common shares when the director leaves the board or upon a change-of-control.

After the credit, Gassel now holds 3,487 PSUs and 1,265 directly owned common shares; no open-market buying or selling of common stock occurred. The dollar value of the new units is approximately $1.1 k, indicating this is a standard board compensation adjustment rather than a strategic stake increase. No operational, earnings, or governance changes accompany the disclosure.

For investors, the event is viewed as administrative: it neither alters ownership materially nor signals a directional view on AVT’s share price.

Form 4 filing overview: On 18 June 2025, Avnet, Inc. (ticker AVT) director Brenda Freeman acquired 199 Phantom Stock Units (PSUs). Each PSU represents one share of Avnet common stock and will be settled after Ms. Freeman leaves the Board or upon a change-of-control. The units were credited at an implied price of $51.54, reflecting the company’s dividend-equivalent feature rather than an open-market purchase. After the transaction, her total beneficial ownership rose to 31,327 common-stock-equivalent shares, all held directly.

The filing indicates the acquisition resulted automatically from the quarterly dividend and is coded as an “A” (acquisition) transaction, not subject to Rule 10b5-1. No shares were sold and there were no derivative exercises or expirations disclosed beyond the PSU accrual.

Because the transaction adds less than 1% to Ms. Freeman’s holdings and involves non-cash, deferred-settlement units, it is considered routine and immaterial to Avnet’s capital structure.

Avnet director Rodney C. Adkins reported changes in beneficial ownership in a Form 4 filing dated June 28, 2025. The key transaction involved the acquisition of 33 Phantom Stock Units (PSUs) on June 18, 2025, at a price of $51.54 per unit. These PSUs were received as a result of quarterly dividend reinvestment.

Current holdings after the reported transactions include:

• 36,486 shares of common stock held directly
• 5,287 PSUs held directly

Each PSU represents one share of Avnet common stock and will be settled in common stock upon either the director's departure from the board or a change in control of the company. This transaction demonstrates ongoing alignment between the director's interests and those of shareholders through equity-based compensation.