Avnet (NYSE: AVT) director adds 25 phantom stock units via dividend
Rhea-AI Filing Summary
Avnet, Inc. director reported a routine insider equity transaction. On December 17, 2025, the director acquired 25 Phantom Stock Units (PSUs), each representing one share of Avnet common stock, credited in connection with the company’s quarterly dividend at a reference price of $48.62 per share.
Following this transaction, the director beneficially owned 3,536 PSUs and held 1,265 shares of Avnet common stock directly. The PSUs will be settled in Avnet common stock after the director leaves the board or upon a change of control of the company.
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FAQ
What insider transaction did Avnet (AVT) report in this filing?
A director of Avnet, Inc. reported acquiring 25 Phantom Stock Units (PSUs) on December 17, 2025, tied to the company’s quarterly dividend.
What are the Phantom Stock Units reported by the Avnet (AVT) director?
Each Phantom Stock Unit (PSU) equals one share of Avnet common stock and will be settled in shares after the director leaves the board or if there is a change of control.
At what price were the new Avnet (AVT) Phantom Stock Units credited?
The 25 PSUs were credited at a reference price of $48.62 per share of Avnet common stock.
How many Avnet (AVT) Phantom Stock Units does the director own after this transaction?
After the reported transaction, the director beneficially owned 3,536 Phantom Stock Units.
How many Avnet (AVT) common shares does the director hold directly?
The filing shows the director directly owns 1,265 shares of Avnet common stock.
Why did the Avnet (AVT) director receive additional Phantom Stock Units?
The filing states that the additional 25 PSUs were acquired as a result of the quarterly dividend paid by Avnet.