Avnet (AVT) SVP, CIO exercises options and sells 9,226 shares

Rhea-AI Filing Summary

Avnet senior vice president and CIO Chan Leng Jin reported an option exercise and share sale. On February 2, 2026, he exercised 9,226 employee stock options at $39.62 per share, acquiring the same number of Avnet common shares.

That day he sold 9,226 common shares at $61.53 per share. After these transactions, he beneficially owned 40,776 Avnet common shares directly, which includes 12,870 shares from restricted stock units and 1,044 shares from performance stock units that are earned but not yet vested.

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^*

Chan Leng Jin

(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, CIO

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

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	02/02/2026		M		9,226	A	$39.62	50,002	D
Common Stock	02/02/2026		S		9,226	D	$61.53	40,776(1)	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	02/02/2026		M			9,226	(2)	08/22/2031	Common Stock	9,226	$0	0	D

Explanation of Responses:

1. Includes 12,870 shares underlying Restricted Stock Units earned but not yet vested or delivered and 1,044 shares underlying Performance Stock Units earned but not yet vested.

2. 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	02/03/2026
	** 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).
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FAQ

What did Avnet (AVT) executive Chan Leng Jin report in this Form 4 filing?

Chan Leng Jin reported exercising 9,226 employee stock options at $39.62 per share and selling 9,226 Avnet common shares at $61.53 per share on February 2, 2026, updating his directly held and equity-award-linked share position.

How many Avnet (AVT) shares does Chan Leng Jin own after the reported transactions?

After the February 2, 2026 transactions, Chan Leng Jin beneficially owned 40,776 Avnet common shares directly. This total includes shares underlying earned but unvested restricted stock units and performance stock units referenced in the filing’s explanatory footnote.

What stock option activity did Avnet (AVT) SVP and CIO report?

He exercised 9,226 employee stock options with a $39.62 exercise price on February 2, 2026. Those options, which vested in four equal annual installments from the grant anniversary, were fully exercised, leaving zero derivative securities of that grant beneficially owned afterward.

At what price did Avnet (AVT) executive Chan Leng Jin sell common shares?

He sold 9,226 Avnet common shares at a price of $61.53 per share on February 2, 2026. This sale followed his same-day exercise of 9,226 employee stock options, and the filing reports his updated beneficial ownership after these transactions.

How do restricted and performance stock units factor into Chan Leng Jin’s Avnet (AVT) holdings?

The filing explains that his 40,776 beneficially owned shares include 12,870 shares underlying restricted stock units and 1,044 shares underlying performance stock units. These units are earned but not yet vested or delivered, so they are part of his reported beneficial ownership figure.

What is Chan Leng Jin’s role at Avnet (AVT) according to this Form 4?

The Form 4 identifies Chan Leng Jin as an officer of Avnet with the title “SVP, CIO.” He is not listed as a director or 10% owner, and the form is filed as an individual reporting person under Section 16 rules.