Avnet (AVT) director updates holdings, adds 25 phantom stock units

Rhea-AI Filing Summary

A director of Avnet, Inc. (AVT) reported updated holdings of the company’s stock and related awards. Following the latest activity, the director directly owns 1,265 shares of Avnet common stock.

The filing also shows an acquisition on 12/17/2025 of 25 Phantom Stock Units (PSUs) at $48.62 per unit, described as additional PSUs received as a result of Avnet’s quarterly dividend. Each PSU is economically equivalent to one share of Avnet common stock and will be settled in stock after the director leaves the board or upon a change of control of the company. After this transaction, the director holds 3,536 PSUs directly.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GASSEL HELMUT

(Last) (First) (Middle)

C/O AVNET, INC.

2211 S. 47TH STREET

(Street)

PHOENIX AZ 85034

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AVNET INC [ AVT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								1,265	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units(1)	(1)	12/17/2025		A		25(2)		(1)	(1)	Common Stock	25	$48.62	3,536	D

Explanation of Responses:

1. Each Phantom Stock Unit ("PSU") equals one share of the Issuer's common stock and will be settled in the Issuer's common stock after the reporting person leaves the Issuer's Board or upon change of control of the Issuer.

2. Additional PSUs acquired as a result of the quarterly dividend.

	/s/ Darrel S. Jackson, Attorney-In-Fact	12/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider activity did Avnet (AVT) disclose in this Form 4?

The filing reports that an Avnet director now holds 1,265 shares of common stock directly and acquired 25 Phantom Stock Units on 12/17/2025, bringing total PSU holdings to 3,536.

What are the Phantom Stock Units reported for Avnet (AVT)?

Each Phantom Stock Unit (PSU) equals one share of Avnet common stock and will be settled in stock after the director leaves the board or upon a change of control of Avnet.

Why did the Avnet (AVT) director receive 25 additional Phantom Stock Units?

The filing states that the 25 PSUs were additional units acquired as a result of the quarterly dividend paid by Avnet.

What is the total Phantom Stock Unit holding reported for the Avnet (AVT) director?

After the reported transaction, the director beneficially owns 3,536 Phantom Stock Units, each tied to one share of Avnet common stock.

At what price were the new Avnet (AVT) Phantom Stock Units recorded?

The 25 newly acquired Phantom Stock Units were recorded at a price of $48.62 per unit.

Is the Avnet (AVT) Form 4 filed for one reporting person or a group?

The document indicates that it is a Form filed by one reporting person, who is identified as a director of Avnet.