Avnet (AVT) HR chief gets 5,111-share stock grant
Rhea-AI Filing Summary
AVNET INC (AVT) reported that officer Ken E. Arnold, SVP and Chief People Officer, received 5,111 shares of Common Stock on 2026-08-27 as a grant/award, consisting of performance stock units earned under a long-term incentive plan. On the same date, 2,139 shares of Common Stock were withheld at $87.81 per share to pay taxes on the issued shares. Arnold also holds several Employee Stock Options (Rights to Buy) for AVT Common Stock with exercise prices between the high-$20s and low-$40s, expiring from 2029 to 2031, each vesting in four equal annual installments beginning on the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,972 shares
Net Buy
6 txns
Insider
Arnold Ken E.
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,111 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2, F3 | 2,139 | $87.81 | $188K |
| holding | Employee Stock Option (Right to Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F4 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F5 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F6 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 85,923 shares (Direct);
Employee Stock Option (Right to Buy) — 84,996 shares (Direct)
Footnotes (6)
- F1. Consists of performance stock units earned under long-term incentive plan.
- F2. Surrendered shares to pay taxes on issued shares.
- F3. Includes 37,844 shares earned but not yet vested.
- F4. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
- F5. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
- F6. The Option vests in four equal installments beginning on the first anniversary of the date of grant.
Key Figures
Common Stock grant: 5,111 shares
Shares withheld for taxes: 2,139 shares at $87.81 per share
Employee Stock Option exercise price: $44.12
+4 more
7 metrics
Common Stock grant
5,111 shares
Performance stock units earned under long-term incentive plan on 2026-08-27
Shares withheld for taxes
2,139 shares at $87.81 per share
Surrendered to pay taxes on issued shares on 2026-08-27
Employee Stock Option exercise price
$44.12
Option on 7,908 underlying Common Stock shares expiring 2029-02-17
Employee Stock Option exercise price
$39.72
Option on 12,404 underlying Common Stock shares expiring 2029-08-12
Employee Stock Option exercise price
$29.85
Option on 33,604 underlying Common Stock shares expiring 2030-11-15
Employee Stock Option exercise price
$39.62
Option on 31,080 underlying Common Stock shares expiring 2031-08-22
Earned but not yet vested shares
37,844 shares
Included in Arnold’s reported holdings per footnote
Key Terms
performance stock units, long-term incentive plan, Employee Stock Option (Right to Buy), withholding securities
4 terms
performance stock units financial
"Consists of performance stock units earned under long-term incentive plan."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
long-term incentive plan financial
"Consists of performance stock units earned under long-term incentive plan."
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) with underlying Common Stock"
withholding securities financial
"Payment of tax liability by delivering or withholding securities"
FAQ
What equity award did AVT executive Ken E. Arnold receive in this Form 4?
Ken E. Arnold received a grant of 5,111 shares of AVT Common Stock on 2026-08-27, reported as performance stock units earned under a long-term incentive plan. The award was recorded at a per-share price of $0.00, indicating a compensation-related grant rather than a market purchase.
What stock options on AVT does Ken E. Arnold hold according to this filing?
Ken E. Arnold holds Employee Stock Options (Rights to Buy) on AVT Common Stock including: 7,908 underlying shares at $44.12 expiring 2029-02-17 and 12,404 underlying shares at $39.72 expiring 2029-08-12, all vesting in four equal annual installments beginning one year after grant.
Are there additional AVT stock options disclosed for Ken E. Arnold?
Yes. The filing lists options over 33,604 underlying AVT shares at $29.85 expiring 2030-11-15 and 31,080 underlying shares at $39.62 expiring 2031-08-22. Each option vests in four equal annual installments starting on the first anniversary of the grant date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
