Avnet (NASDAQ: AVT) CFO now holds 72,807 shares after equity award
Rhea-AI Filing Summary
AVNET INC (AVT) reported that Chief Financial Officer Kenneth A. Jacobson received an award of 30,488 shares of Common Stock on August 20, 2026, classified as a grant or other acquisition and consisting of restricted stock units and performance stock units earned under long-term incentive plans. Following this award, his directly held Common Stock position is 72,807 shares, which includes 43,029 unvested restricted stock units and 17,615 unvested performance stock units. In addition, a separate entry reports 40,968 shares of Common Stock held indirectly through the K & A Jacobson 2017 Rev Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,488 shares
Net Buy
2 txns
Insider
JACOBSON KENNETH A
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 30,488 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 72,807 shares (Direct);
Common Stock — 40,968 shares (Indirect, By K & A Jacobson 2017 Rev Trust)
Footnotes (2)
- F1. Consists of restricted stock units and performance stock units earned under long-term incentive plans.
- F2. Includes 43,029 unvested restricted stock units and 17,615 unvested performance stock units.
Key Figures
Shares granted to CFO: 30,488 shares of Common Stock
Direct holdings after transaction: 72,807 shares of Common Stock
Unvested restricted stock units: 43,029 unvested restricted stock units
+3 more
6 metrics
Shares granted to CFO
30,488 shares of Common Stock
Grant/award acquisition on August 20, 2026
Direct holdings after transaction
72,807 shares of Common Stock
Directly held by CFO following August 20, 2026 award
Unvested restricted stock units
43,029 unvested restricted stock units
Included within direct holdings after the award
Unvested performance stock units
17,615 unvested performance stock units
Included within direct holdings after the award
Indirect holdings via trust
40,968 shares of Common Stock
Held indirectly by K & A Jacobson 2017 Rev Trust
Transaction price per share
$0.0000 per share
Grant/award acquisition of 30,488 shares reported with no cash price
Key Terms
restricted stock units, performance stock units, long-term incentive plans, indirect
4 terms
restricted stock units financial
"Includes 43,029 unvested restricted stock units and 17,615 unvested"
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 43,029 unvested restricted stock units and 17,615 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.
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.
indirect financial
"direct_or_indirect": "I","nature_of_ownership": "By K & A"
FAQ
What insider transaction did AVT’s CFO report on this Form 4?
Kenneth A. Jacobson, CFO of AVNET INC, reported a grant of 30,488 shares of Common Stock on August 20, 2026, classified as a grant or other acquisition consisting of restricted stock units and performance stock units under long-term incentive plans.
Does the AVT CFO have any indirect ownership reported in this Form 4?
Yes. The filing lists an indirect holding of 40,968 shares of Common Stock held by K & A Jacobson 2017 Rev Trust, in addition to Kenneth A. Jacobson’s directly held position in AVNET INC shares.
What type of equity instruments were granted to AVT’s CFO in this filing?
The award to AVNET INC’s CFO consists of restricted stock units and performance stock units earned under long-term incentive plans, with a total of 30,488 shares of Common Stock reported as granted on August 20, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
