Avnet (NYSE: AVT) counsel exercises stock options and sells 36,292 shares

Rhea-AI Filing Summary

Avnet Inc. SVP and General Counsel Michael Ryan McCoy exercised employee stock options and sold shares on February 17, 2026. He exercised options for 36,292 shares of common stock at an exercise price of $29.85 per share, then sold 36,292 common shares in open‑market transactions at an average price of $65.48 per share, with individual sale prices ranging from $65.32 to $65.53.

After these transactions, he directly held 76,674 shares of Avnet common stock, which includes 21,317 shares underlying RSUs earned but not yet vested or delivered and 1,809 shares underlying performance stock units earned but not yet vested. He also continued to hold an employee stock option granted in fiscal 2022 covering 32,052 shares that vests in four equal annual installments beginning on the first anniversary of its grant date.

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

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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^*

McCoy Michael Ryan

(Last) (First) (Middle)

C/O AVNET, INC.

2211 SOUTH 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		M		36,292	A	$29.85	112,966	D
Common Stock	02/17/2026		S		36,292	D	$65.48(1)	76,674(2)	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
Employee Stock Option (Right to Buy)	$39.62							(3)	08/22/2031	Common Stock	32,052		32,052(4)	D
Employee Stock Option (Right to Buy)	$29.85	02/17/2026		M			36,292	(3)	11/15/2030	Common Stock	36,292	$0	0(5)	D

Explanation of Responses:

1. The price reported is an average price. These shares were sold in multiple transactions at prices ranging from $65.32 to $65.53. Upon request, the reporting person will provide full information regarding the number of shares sold at each price to Avnet, any Avnet security holder, or the Securities and Exchange Commission.

2. Includes 21,317 shares underlying RSUs earned but not yet vested or delivered and 1,809 shares underlying Performance Stock Units earned but not yet vested.

3. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.

4. In fiscal year 2022, the reporting person was granted an option to purchase 32,052 shares of common stock. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.

5. In fiscal year 2021, the reporting person was granted an option to purchase 36,292 shares of common stock. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.

	/s/ Darrel S. Jackson, Attorney-In-Fact	02/18/2026
	** 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.
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FAQ

What insider transactions did Avnet (AVT) report for Michael Ryan McCoy?

Avnet reported that SVP and General Counsel Michael Ryan McCoy exercised options for 36,292 shares of common stock and sold 36,292 shares in open‑market transactions on February 17, 2026, according to a Form 4 insider filing.

At what prices did Michael Ryan McCoy’s Avnet (AVT) transactions occur?

McCoy exercised employee stock options at an exercise price of $29.85 per share, then sold 36,292 Avnet shares at an average price of $65.48, with individual sale prices ranging from $65.32 to $65.53 per share.

How many Avnet (AVT) shares does Michael Ryan McCoy hold after these transactions?

Following the February 17, 2026 transactions, McCoy directly held 76,674 Avnet common shares. This figure includes 21,317 RSU-based shares earned but not yet vested or delivered and 1,809 performance stock unit shares earned but not yet vested.

What stock options does Michael Ryan McCoy still have with Avnet (AVT)?

McCoy continues to hold an employee stock option granted in fiscal 2022 covering 32,052 Avnet common shares. This option vests in four equal annual installments, beginning on the first anniversary of the grant date, as described in the filing footnotes.

Was Michael Ryan McCoy’s Avnet (AVT) share sale a market transaction?

Yes. The Form 4 states that McCoy’s sale of 36,292 Avnet common shares was an open‑market or private sale transaction, with the reported price an average of multiple trades between $65.32 and $65.53 per share.

What role does Michael Ryan McCoy hold at Avnet (AVT)?

According to the Form 4, Michael Ryan McCoy serves as Senior Vice President and General Counsel of Avnet Inc. He is an officer but not listed as a director or ten‑percent owner in this insider transaction report.