Avnet (AVT) CFO Jacobson sells 12,000 shares via family trust

Rhea-AI Filing Summary

Avnet Inc. Chief Financial Officer Kenneth A. Jacobson reported an open-market sale of 12,000 shares of Avnet common stock on May 22, 2026 at an average price of $85.26 per share through the K & A Jacobson 2017 Rev Trust. Following the sale, the trust held 40,968 shares, while Jacobson also held 42,319 shares directly, which include 28,069 restricted shares and 2,087 performance shares that are not yet vested.

Insider Trade Summary

Net Seller: 12,000 shares ($1,023,120)

Net Sell 2 txns

Insider JACOBSON KENNETH A

Role Chief Financial Officer

Sold 12,000 shs ($1.02M)

Type	Security	Shares	Price	Value
Sale	Common Stock	12,000	$85.26	$1.02M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 40,968 shares (Indirect, By K & A Jacobson 2017 Rev Trust); Common Stock — 42,319 shares (Direct, null)

Footnotes (1)

1. The price reported is an average price. These shares were sold in multiple transactions at prices ranging from $85.24 to $85.38. 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 SEC. Includes 28,069 restricted shares not yet vested and 2,087 performance shares not yet vested.

Key Figures

Shares sold: 12,000 shares Average sale price: $85.26 per share Reported price range: $85.24–$85.38 per share +4 more

7 metrics

Shares sold 12,000 shares Open-market sale on May 22, 2026

Average sale price $85.26 per share Open-market sale on May 22, 2026

Reported price range $85.24–$85.38 per share Multiple trades averaged for reporting

Indirect holdings after sale 40,968 shares Held by K & A Jacobson 2017 Rev Trust

Direct holdings after transactions 42,319 shares Common stock held directly

Unvested restricted shares 28,069 shares Included in direct holdings, not yet vested

Unvested performance shares 2,087 shares Included in direct holdings, not yet vested

Key Terms

open-market sale, restricted shares, performance shares, Rev Trust, +1 more

5 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

restricted shares financial

"Includes 28,069 restricted shares not yet vested"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

performance shares financial

"and 2,087 performance shares not yet vested"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Rev Trust financial

"By K & A Jacobson 2017 Rev Trust"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

JACOBSON KENNETH A

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

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	05/22/2026		S		12,000	D	$85.26(1)	40,968	I	By K & A Jacobson 2017 Rev Trust
Common Stock								42,319(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

Explanation of Responses:

1. The price reported is an average price. These shares were sold in multiple transactions at prices ranging from $85.24 to $85.38. 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 SEC.

2. Includes 28,069 restricted shares not yet vested and 2,087 performance shares not yet vested.

	/s/ Darrel S. Jackson, Attorney-In-Fact	05/23/2026
	** 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)

FAQ

What did Avnet (AVT) CFO Kenneth A. Jacobson report in this Form 4?

Avnet CFO Kenneth A. Jacobson reported an open-market sale of 12,000 shares of common stock. The transaction was executed on May 22, 2026, and was conducted through the K & A Jacobson 2017 Rev Trust.

How many Avnet (AVT) shares did the CFO sell and at what price?

He sold 12,000 Avnet common shares at an average price of $85.26 per share. The filing notes the price reflects multiple trades between $85.24 and $85.38, averaged for reporting purposes.

How many Avnet (AVT) shares does the CFO hold after the reported sale?

After the sale, the K & A Jacobson 2017 Rev Trust held 40,968 shares. Separately, Kenneth A. Jacobson held 42,319 shares directly, according to the post-transaction ownership reported.

Were any of the Avnet (AVT) CFO’s remaining shares unvested or subject to restrictions?

Yes. The filing states his direct holdings include 28,069 restricted shares not yet vested and 2,087 performance shares not yet vested. These awards remain subject to vesting conditions.

How was the Avnet (AVT) CFO’s sale price range described in the Form 4 footnotes?

The filing explains the reported $85.26 price is an average. Individual trades occurred between $85.24 and $85.38, and full trade-by-trade details are available on request from Avnet, its shareholders, or the SEC.