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Avnet (AVT) officer plans cash sale of 32,052 option shares

(Neutral)
(Neutral)
Form Type
144

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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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
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.

FAQ

What does the Form 144 filing for AVT disclose about planned share sales?

The filing discloses a planned sale under Rule 144 for officer Michael Ryan McCoy involving 32,052 shares of AVNET common stock. These shares were acquired via stock option exercise and are planned to be sold for cash through Fidelity Brokerage Services LLC.

How many AVNET (AVT) shares are involved in this Form 144 notice?

The notice covers 32,052 shares of AVNET common stock. These shares are held at Fidelity Brokerage Services LLC and are associated with a stock option exercise, with the proposed sale reported under Rule 144 on August 19, 2026.

What is the aggregate market value of the AVT shares referenced in this Form 144?

The Form 144 lists an aggregate market value of $2,919,789.94 for the 32,052 shares of AVNET common stock. This value provides a dollar benchmark for the planned Rule 144 sale relative to the company’s total shares outstanding.

How many AVNET (AVT) shares were outstanding as of the date in the Form 144?

The filing states that 82,072,979 shares of AVNET common stock were outstanding as of August 19, 2026. This figure serves as a reference to gauge the size of the planned 32,052-share sale relative to total outstanding shares.

How were the AVT shares in this Form 144 acquired before the planned sale?

The AVNET common shares referenced were acquired through a stock option exercise. The Form 144 notes the nature of acquisition as “Stock Option Exercise,” with the proposed disposition of these shares for cash under Rule 144.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature