Avnet director Gassel acquires 29 stock units

The award is held as phantom units, each equal to one common share and settled in common stock after board departure or a change of control.

Rhea-AI Filing Summary

Helmut Gassel, a director of Avnet Inc. (AVT), acquired 29 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend. His reported direct position following the acquisition was 7,717 Phantom Stock Units; each unit equals one common share and will be settled in common stock after he leaves the Board or upon a change of control. He also reported 1,265 directly held common shares. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Grant/Award: 29 shares

Grant/Award 2 txns

Insider GASSEL HELMUT

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)

1. 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.
2. F2. PSUs acquired as a result of quarterly dividend.

Key Figures

Phantom Stock Units acquired: 29 Phantom Stock Units Direct Phantom Stock Unit position following transaction: 7,717 Phantom Stock Units Direct common shares: 1,265 shares

3 metrics

Phantom Stock Units acquired 29 Phantom Stock Units Acquired September 23, 2026, as a result of a quarterly dividend

Direct Phantom Stock Unit position following transaction 7,717 Phantom Stock Units Reported September 23, 2026

Direct common shares 1,265 shares Reported September 23, 2026

Key Terms

Phantom Stock Unit, settled in the Issuer's common stock, change of control

3 terms

Phantom Stock Unit financial

"Each Phantom Stock Unit ("PSU") equals one share"

settled in the Issuer's common stock financial

"will be settled in the Issuer's common stock"

change of control financial

"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 Helmut Gassel acquire?

Helmut Gassel acquired 29 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend.

When are AVT Phantom Stock Units settled?

Each Phantom Stock Unit equals one share of Avnet common stock and will be settled in common stock after the reporting person leaves the Board or upon a change of control.

Did Helmut Gassel report an AVT Rule 10b5-1 plan?

No Rule 10b5-1 plan is reported.

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

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Available on EDGAR 09/25/2026 - 04:33 PM Accepted by SEC EDGAR 09/25/2026 - 04:20 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 ARIZONA 85034

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/23/2026

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

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

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

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)	09/23/2026		A		29(2)		(1)	(1)	Common Stock	29	$100.17	7,717	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. PSUs acquired as a result of quarterly dividend.

	/s/ Darrel S. Jackson, Attorney-In-Fact	09/24/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)