Avnet (AVT) people chief takes 21K-share equity grant
Rhea-AI Filing Summary
AVNET INC (AVT) reported that officer Ken E. Arnold, SVP and Chief People Officer, acquired 21,452 shares of Common Stock on August 20, 2026 through a grant classified as restricted stock units and performance stock units earned under long-term incentive plans at $0.00 per share.
After this grant, Arnold directly holds 82,951 Common Shares, including 30,189 unvested restricted stock units and 12,766 unvested performance stock units7,908 underlying shares at $44.12, 12,404 underlying shares at $39.72 and 33,604 underlying shares at $29.85, each vesting in four equal annual installments beginning on the first anniversary of the respective grant date and expiring between 2029 and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 21,452 shares
Net Buy
4 txns
Insider
Arnold Ken E.
Role
SVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 21,452 | $0.00 | $0.00 |
| holding | Employee Stock Option (Right to Buy) F3 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F3 | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 82,951 shares (Direct);
Employee Stock Option (Right to Buy) — 53,916 shares (Direct)
Footnotes (4)
- F1. Consists of restricted stock units and performance stock units earned under long-term incentive plans.
- F2. Includes 30,189 unvested restricted stock units and 12,766 unvested performance stock units.
- F3. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
- F4. The Option vests in four equal annual installments beginning on the first anniversary of the date of grant.
Key Figures
Shares granted: 21,452 shares of Common Stock
Shares owned after transaction: 82,951 Common Shares
Unvested restricted stock units: 30,189 unvested restricted stock units
+4 more
7 metrics
Shares granted
21,452 shares of Common Stock
Grant (code A) on August 20, 2026, at $0.0000 per share
Shares owned after transaction
82,951 Common Shares
Directly held by Ken E. Arnold following the August 20, 2026 grant
Unvested restricted stock units
30,189 unvested restricted stock units
Included in post-transaction direct holdings
Unvested performance stock units
12,766 unvested performance stock units
Included in post-transaction direct holdings
Option exercise price
$44.12 per share
Employee Stock Option expiring February 17, 2029 on 7,908 underlying shares
Option exercise price
$39.72 per share
Employee Stock Option expiring August 12, 2029 on 12,404 underlying shares
Option exercise price
$29.85 per share
Employee Stock Option expiring November 15, 2030 on 33,604 underlying shares
Key Terms
restricted stock units, performance stock units, Employee Stock Option (Right to Buy), long-term incentive plans, +1 more
5 terms
restricted stock units financial
"Consists of restricted stock units and performance stock units earned under long-term"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"Includes 30,189 unvested restricted stock units and 12,766 unvested performance"
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.
Employee Stock Option (Right to Buy) financial
"Employee Stock Option (Right to Buy) with an exercise price of 44.1200"
long-term incentive plans financial
"earned under long-term incentive plans."
Long-term incentive plans are multi-year pay programs that reward executives and key employees with stock, options, or cash bonuses when the company hits future performance goals. Think of it like paying someone with a portion of the business or future bonuses to keep them focused on growing the company over several years. Investors watch these plans because they influence executive decisions, potential share dilution, and whether management’s goals line up with long-term shareholder value.
vests in four equal annual installments financial
"The Option vests in four equal annual installments beginning on the first"
FAQ
What did AVT executive Ken E. Arnold report on this Form 4 for AVNET INC (AVT)?
Ken E. Arnold reported the grant of 21,452 shares of Common Stock on August 20, 2026, received at $0.00 per share as restricted stock units and performance stock units earned under long-term incentive plans.
How do Ken E. Arnold’s AVT restricted and performance stock units vest?
The filing states that related employee stock options vest in four equal annual installments beginning on the first anniversary of the grant date. The 21,452-share grant consists of restricted stock units and performance stock units earned under long-term incentive plans.
Was the AVT Form 4 transaction under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and no footnote indicates that the August 20, 2026 grant was effected under a Rule 10b5-1 trading plan.
What is Ken E. Arnold’s role at AVNET INC (AVT)?
Ken E. Arnold is reported as an officer of AVNET INC, serving as SVP, Chief People Officer, and is the reporting person for this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
