Avnet (AVT) officer plans cash sale of 32,052 option shares
Rhea-AI Filing Summary
AVNET INC (AVT) is the issuer for a planned sale of common stock reported for the account of officer Michael Ryan McCoy under Rule 144. A brokerage account at Fidelity Brokerage Services LLC lists 32,052 shares of AVNET common stock with an aggregate market value of $2,919,789.94, compared against 82,072,979 shares outstanding as of August 19, 2026. The securities to be sold consist of common stock acquired through a stock option exercise, with the planned disposition for cash. The notice is signed by Jessica Spraker as attorney-in-fact for Michael R. McCoy.
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Key Figures
Shares to be sold: 32,052 shares
Aggregate market value: $2,919,789.94
Shares outstanding: 82,072,979 shares
+1 more
4 metrics
Shares to be sold
32,052 shares
Common stock referenced for planned Rule 144 sale for Michael Ryan McCoy
Aggregate market value
$2,919,789.94
Aggregate market value of 32,052 AVNET common shares listed in the notice
Shares outstanding
82,072,979 shares
AVNET common shares outstanding as of August 19, 2026
Planned sale date reference
08/19/2026
Date tied to shares outstanding and Rule 144 sale information
Key Terms
Rule 144, stock option exercise, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
stock option exercise financial
"Common | 08/19/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
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