Avnet (NASDAQ: AVT) SVP covers RSU taxes with share surrender of stock

Rhea-AI Filing Summary

Avnet senior executive Ken E. Arnold reported a tax-related share withholding tied to equity compensation. On 01/05/2026, he surrendered 3,487 shares of Avnet common stock at $49.04 per share to cover taxes due upon the vesting of Restricted Stock Units. After this transaction, he beneficially owned 61,499 shares. This total includes 19,833 shares underlying RSUs and 1,670 shares underlying Performance Stock Units that have been earned but are not yet vested or delivered. Arnold is Avnet’s Senior Vice President and Chief People Officer, and the filing reflects routine management of equity awards rather than an open-market sale.

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

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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^*

Arnold Ken E.

(Last) (First) (Middle)

C/O AVNET, INC.

2211 SOUTH 47TH STREET

(Street)

PHOENIX AZ 85034

(City) (State) (Zip)

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)
	SVP, Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/05/2026		F		3,487(1)	D	$49.04	61,499(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. Surrendered shares to pay taxes applicable to the issuance of shares upon the vesting of Restricted Stock Units ("RSUs").

2. Includes 19,833 shares underlying RSUs earned but not yet vested or delivered and 1,670 shares underlying Performance Stock Units earned but not yet vested.

	/s/ Darrel S. Jackson, Attorney-In-Fact	01/06/2026
	** 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.
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FAQ

What insider transaction did Avnet (AVT) executive Ken E. Arnold report?

Ken E. Arnold reported a transaction in Avnet common stock on 01/05/2026, where shares were surrendered to cover taxes related to vesting Restricted Stock Units.

How many Avnet (AVT) shares did Ken E. Arnold surrender and at what price?

He surrendered 3,487 shares of Avnet common stock at a price of $49.04 per share, designated with transaction code F.

Why is Ken E. Arnold’s Form 4 transaction in Avnet (AVT) coded as "F"?

The transaction is coded "F" because the 3,487 shares were surrendered to pay taxes due upon the issuance of shares from vesting Restricted Stock Units (RSUs).

How many Avnet (AVT) shares does Ken E. Arnold own after this transaction?

Following the transaction, Ken E. Arnold beneficially owned 61,499 Avnet shares, held in direct ownership form.

What RSU and PSU awards are included in Ken E. Arnold’s Avnet (AVT) holdings?

His reported holdings include 19,833 shares underlying RSUs and 1,670 shares underlying Performance Stock Units that are earned but not yet vested or delivered.

What is Ken E. Arnold’s role at Avnet (AVT) according to the Form 4?

Ken E. Arnold is an officer of Avnet, serving as Senior Vice President, Chief People Officer, and is not listed as a director or 10% owner.