Welcome to our dedicated page for Avnet SEC filings (Ticker: AVT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Avnet, Inc. filings document the regulatory record for a New York-incorporated technology distributor with common stock listed on the Nasdaq Global Select Market under AVT. Form 8-K reports furnish quarterly results of operations and financial condition, including exhibits containing earnings releases for the company's fiscal periods.
Avnet's proxy and material-event filings cover annual meeting matters, director elections, advisory compensation votes, stock compensation and incentive plan approval, auditor ratification, and shareholder vote results. Capital-structure and financing disclosures include material definitive agreements, amendments to credit agreements involving Avnet Holding Europe BV, and convertible senior notes due 2030.
Avnet Inc. Chief Executive Officer Philip R. Gallagher reported an option exercise paired with an open-market sale of common stock. On May 5, 2026, he exercised an employee stock option covering 23,920 shares of Avnet common stock at an exercise price of $48.62 per share and received those shares.
That same day, Gallagher sold 23,920 shares of common stock in an open-market transaction at an average price of about $82.92 per share, with individual sale prices ranging from $82.785 to $83.340. Following these transactions, he directly holds 145,003 shares of common stock, which include 113,340 unvested restricted stock units and 9,742 unvested performance stock units, and indirectly holds 209,531 shares through the Gallagher Family Trust.
Gallagher also retains significant unexercised employee stock options over additional Avnet common shares, including options linked to 194,252 shares at an exercise price of $39.62 expiring in 2031, 170,048 shares at $29.38 expiring in 2030, and 31,900 shares at $39.72 expiring in 2029.
AVT reported a Rule 144 notice to sell Common Stock. The filing lists an intended sale of 23,920 shares on 05/05/2026 sourced from an option granted 08/28/2018, to be sold for cash through Fidelity Brokerage Services. The filing also records a prior sale of 46,068 shares on 02/24/2026 for $3,105,978.27. Shares outstanding are listed as 82,024,081 as of 05/05/2026.
Avnet reported stronger Q3 2026 sales as electronics demand improved. Sales rose 34.0% year over year to $7,119.8 million, with growth in all regions and both Electronic Components and Farnell. Gross margin slipped to 10.4%, but operating income increased to $205.5 million, a 2.9% margin.
Net income for the quarter was $94.3 million, or $1.14 per diluted share, up from $87.9 million. For the first nine months, sales reached $19,337.3 million while net income declined to $207.8 million as the effective tax rate jumped to 32.4%.
Operating cash flow fell sharply to $9.8 million versus $585.0 million a year earlier, driven by working capital needs and a $61.4 million settlement of a Mexico tax audit. Avnet issued $650 million of 1.75% convertible notes due 2030 and a new term loan, then used its credit facility to repay $550 million notes due April 2026. The company is prioritizing balance sheet leverage and has paused share repurchases, though it continues a $0.35 quarterly dividend.
Avnet Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 4,264,300 shares of Avnet Inc common stock, representing 5.20% of the class. The filing shows sole voting power for 628,240 shares and sole dispositive power for 4,264,300 shares. The filing is signed by Ashley Grim on 04/29/2026.
Avnet, Inc. reported strong third quarter 2026 results, with sales of $7,119.8 million, up 34.0% year over year and 12.7% sequentially. GAAP operating income rose to $205.5 million, a 43.5% increase year over year, and operating margin improved to 2.9%.
GAAP diluted EPS was $1.14, up 12.9% year over year and 52.0% sequentially, while adjusted diluted EPS reached $1.48, a 76.2% year-over-year increase. Electronic Components sales were $6,665.1 million, up 34.7%, and Farnell sales were $454.7 million, up 24.0%.
For the fourth quarter of fiscal 2026, Avnet guides sales between $7.30 billion and $7.60 billion and adjusted diluted EPS between $1.70 and $1.80, implying about 5% sequential sales growth at the midpoint.
Vanguard Portfolio Management reports beneficial ownership of 6,377,293 shares of Avnet Inc common stock, representing 7.79% of the class as of 03/31/2026. The filing shows Vanguard Portfolio Management has 7.79% beneficial ownership with sole dispositive power over 6,377,293 shares and sole voting power for 62,914 shares. The filing states ownership reflects shares held for Vanguard funds and other managed accounts; no single outside person holds more than 5% of the class. The report is signed by Ashley Grim on 04/28/2026.
Avnet Inc. ownership disclosure: Pzena Investment Management, LLC reports beneficial ownership of 5,800,061 shares of Avnet common stock, representing 7.1% of the class as of 03/31/2026.
The filing states Pzena has sole voting power over 4,382,714 shares and sole dispositive power over 5,800,061 shares. It notes these shares are held for clients of the investment manager and that no single client holds more than 5% of the class. The form is signed by the Chief Legal Risk Officer & Chief Compliance Officer on 04/23/2026.
KHAYKIN OLEG reported acquisition or exercise transactions in this Form 4 filing.
AVNET INC director Oleg Khaykin received a grant of 596 Phantom Stock Units as part of his board compensation. Each Phantom Stock Unit equals one share of Avnet common stock and will be settled in common shares after he leaves the board or upon a change of control.
The director elected to defer 100% of his quarterly cash retainer into Phantom Stock Units, which were issued in lieu of cash based on a value of $60.855 per share under Avnet’s Deferred Compensation Plan for Outside Directors. Following this grant, he holds 56,864 Phantom Stock Units and 9,000 shares of common stock directly.
Avnet Inc amended a Schedule 13G/A reporting that The Vanguard Group currently beneficially owns 0 shares (0%) of Avnet common stock.
The filing notes an internal realignment at Vanguard and that certain subsidiaries will report ownership separately, referencing the Vanguard realignment statement dated January 12, 2026. The form is signed on 03/26/2026.
MADDOCK ERNEST E reported acquisition or exercise transactions in this Form 4 filing.
Avnet director Ernest E. Maddock received 94 Phantom Stock Units, credited at a reference price of $59.96 per unit. Each unit equals one share of Avnet common stock and will be settled in stock after he leaves the board or upon a change of control. Following this award, he holds 16,228 Phantom Stock Units and 5,265 shares of Avnet common stock directly.