Avnet director acquires 29 stock units from dividend
The Phantom Stock Units will be settled in common stock after the director leaves the Board or upon a change of control.
Rhea-AI Filing Summary
AVNET INC director Virginia Henkels acquired 29 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend. Each unit equals one share of common stock and will be settled in common stock after she leaves the Board or upon a change of control. Following the transaction, she held 7,717 Phantom Stock Units and directly held 1,265 shares of common stock. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 29 shares
Grant/Award
2 txns
Insider
Henkels Virginia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 29 | $100.17 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 7,717 contracts (Direct);
Common Stock — 1,265 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. PSUs acquired as a result of quarterly dividend.
Key Figures
Phantom Stock Units acquired: 29 units
Phantom Stock Units held following transaction: 7,717 units
Common Stock held directly: 1,265 shares
3 metrics
Phantom Stock Units acquired
29 units
Acquired September 23, 2026, as a result of a quarterly dividend
Phantom Stock Units held following transaction
7,717 units
Reported following the September 23, 2026 transaction
Common Stock held directly
1,265 shares
Reported as of September 23, 2026
Key Terms
Phantom Stock Units, quarterly dividend, change of control
3 terms
Phantom Stock Units financial
"Each Phantom Stock Unit ("PSU") equals one share"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
quarterly dividend financial
"PSUs acquired as a result of quarterly dividend"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
change of control financial
"or upon change of control of the Issuer"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Phantom Stock Units did AVT director Virginia Henkels acquire?
Virginia Henkels acquired 29 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend. Each unit equals one share of AVNET INC common stock.
When do AVT's Phantom Stock Units settle in common stock?
The units will be settled in common stock after Virginia Henkels leaves the Board or upon a change of control of AVNET INC.
Was Virginia Henkels' AVT acquisition reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the acquisition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
