What are Philip R. Gallagher’s indirect AVT share holdings?

Philip R. Gallagher has indirect ownership of 209,531 shares of AVNET INC Common Stock, held by the Gallagher Family Trust, as reported in the Form 4 under indirect ownership with the specified nature of ownership.

Avnet CEO granted 121K shares in equity award

Q: How are the new AVT equity awards to Philip R. Gallagher structured?

The new award of 120,991 shares to Philip R. Gallagher consists of restricted stock units and performance stock units earned under AVNET INC long-term incentive plans, with the Form 4 footnotes specifying these as RSUs and PSUs rather than a cash transaction.

AVNET INC (AVT) reports that Chief Executive Officer and director Philip R. Gallagher received a grant of 120,991 shares of Common Stock on 2026-08-20 as a compensation-related award of restricted stock units and performance stock units.

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Form Type

Rhea-AI Filing Summary

AVNET INC (AVT) reports that Chief Executive Officer and director Philip R. Gallagher received a grant of 120,991 shares of Common Stock on 2026-08-20 as a compensation-related award of restricted stock units and performance stock units. Following this award, he holds 289,914 shares directly, including 170,884 unvested restricted stock units and 73,189 unvested performance stock units, and 209,531 shares indirectly through the Gallagher Family Trust. He also holds employee stock options covering 150,048 underlying shares at an exercise price of $29.38 expiring 2030-11-16 and 194,252 underlying shares at $39.62 expiring 2031-08-22.

Insider Trade Summary

Grant/Award: 120,991 shares

Grant/Award 4 txns

Insider GALLAGHER PHILIP R

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^{F1, F2}	120,991	$0.00	$0.00
holding	Employee Stock Option (Right to Buy) ^F3	--	--	--
holding	Employee Stock Option (Right to Buy) ^F3	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 289,914 shares (Direct); Employee Stock Option (Right to Buy) — 344,300 contracts (Direct); Common Stock — 209,531 shares (Indirect, By Gallagher Family Trust)

Footnotes (3)

F1. Consists of restricted stock units and performance stock units earned under long-term incentive plans.
F2. Includes 170,884 unvested restricted stock units and 73,189 unvested performance stock units.
F3. The option vested in four equal annual installments beginning on the first anniversary of the date of grant.

Key Figures

Equity award shares: 120,991 shares of Common Stock Direct holdings after transaction: 289,914 shares of Common Stock Unvested restricted stock units: 170,884 unvested restricted stock units +4 more

7 metrics

Equity award shares 120,991 shares of Common Stock Grant, award, or other acquisition on 2026-08-20

Direct holdings after transaction 289,914 shares of Common Stock Direct ownership following the 2026-08-20 award

Unvested restricted stock units 170,884 unvested restricted stock units Included within direct holdings after the transaction

Unvested performance stock units 73,189 unvested performance stock units Included within direct holdings after the transaction

Indirect holdings by trust 209,531 shares of Common Stock Held indirectly by Gallagher Family Trust

Option exercise price $29.38 per share Employee Stock Option expiring 2030-11-16 on 150,048 underlying shares

Option exercise price $39.62 per share Employee Stock Option expiring 2031-08-22 on 194,252 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"

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 170,884 unvested restricted stock units and 73,189 unvested"

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) underlying Common Stock"

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.

unvested financial

"Includes 170,884 unvested restricted stock units and 73,189"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AVT CEO Philip R. Gallagher receive in this Form 4 transaction?

Philip R. Gallagher received a grant of 120,991 shares of Common Stock on 2026-08-20, consisting of restricted stock units and performance stock units earned under long-term incentive plans, reported at a per-share transaction price of $0.00 as a compensation award.

How many AVT shares does Philip R. Gallagher own directly after this award?

After the reported award, Philip R. Gallagher directly owns 289,914 shares of AVNET INC Common Stock, which include 170,884 unvested restricted stock units and 73,189 unvested performance stock units under the company’s long-term incentive plans.

What stock options on AVT does Philip R. Gallagher hold and at what prices?

Philip R. Gallagher holds employee stock options on AVT covering 150,048 underlying shares at an exercise price of $29.38 expiring 2030-11-16, and 194,252 underlying shares at an exercise price of $39.62 expiring 2031-08-22, vesting in four equal annual installments.

How are the new AVT equity awards to Philip R. Gallagher structured?

The new award of 120,991 shares to Philip R. Gallagher consists of restricted stock units and performance stock units earned under AVNET INC long-term incentive plans, with the Form 4 footnotes specifying these as RSUs and PSUs rather than a cash transaction.

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

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Available on EDGAR 08/21/2026 - 04:41 PM Accepted by SEC EDGAR 08/21/2026 - 04:40 PM

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^*

GALLAGHER PHILIP R

(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
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/20/2026		A		120,991⁽¹⁾	A	$0	289,914⁽²⁾	D
Common Stock								209,531	I	By Gallagher Family Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right to Buy)	$29.38							⁽³⁾	11/16/2030	Common Stock	150,048		150,048	D
Employee Stock Option (Right to Buy)	$39.62							⁽³⁾	08/22/2031	Common Stock	194,252		194,252	D

Explanation of Responses:

1. Consists of restricted stock units and performance stock units earned under long-term incentive plans.

2. Includes 170,884 unvested restricted stock units and 73,189 unvested performance stock units.

3. The option vested in four equal annual installments beginning on the first anniversary of the date of grant.

	/s/ Darrel S. Jackson, Attorney-In-Fact	08/21/2026
	** 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)

Source: View Original Filing on SEC EDGAR