Avnet director acquires 60 units from dividend

The director's 60 Phantom Stock Units are tied to a quarterly dividend and settle in common stock after board departure or a change of control.

Available on EDGAR 09/25/2026 - 04:35 PM EDT Accepted by SEC EDGAR 09/25/2026 - 04:26 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

AVNET INC director Ernest E. Maddock acquired 60 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 he leaves the board or upon a change of control. After the transaction, he held 16,350 Phantom Stock Units and 5,265 shares of common stock directly. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Grant/Award: 60 shares

Grant/Award 1 txn

Insider MADDOCK ERNEST E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units F1, F2	60	$110.17	$7K
Holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock Units — 16,350 units (Direct); Common Stock — 5,265 shares (Direct)

Holdings Before and After: Phantom Stock Units, 16,290 to 16,350 units (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: 60 units Post-transaction Phantom Stock Units: 16,350 units Direct common stock holdings: 5,265 shares +1 more

4 metrics

Phantom Stock Units acquired 60 units September 23, 2026; acquired as a result of a quarterly dividend

Post-transaction Phantom Stock Units 16,350 units Direct holdings after the September 23, 2026 transaction

Direct common stock holdings 5,265 shares Reported on September 23, 2026

Common shares per Phantom Stock Unit 1 share per unit Each Phantom Stock Unit equals one share of the issuer's common stock

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

"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 AVT Phantom Stock Units did the director acquire?

AVNET INC director Ernest E. Maddock acquired 60 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend. Each unit equals one share of the issuer's common stock.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

MADDOCK ERNEST E

(Last) (First) (Middle)

C/O AVNET, INC.

2211 SOUTH 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								5,265	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		60(2)		(1)	(1)	Common Stock	60	$110.17	16,350	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)