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Avnet (AVT) executive Leng Jin Chan granted 3,194 shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AVNET INC (AVT) reported that SVP, CIO Leng Jin Chan received a grant of 3,194 shares of common stock, consisting of performance stock units earned under a long-term incentive plan, on August 27, 2026. On the same date, 1,337 shares were surrendered at $87.81 per share to pay taxes on the issued shares. Following these transactions, the insider’s holdings include 24,877 shares that are earned but not yet vested.

Positive

  • None.

Negative

  • None.
Insider Chan Leng Jin
Role SVP, CIO
Type Security Shares Price Value
Grant/Award Common Stock F1 3,194 $0.00 $0.00
Tax Withholding Common Stock F2, F3 1,337 $87.81 $117K
Holdings After Transaction: Common Stock — 56,790 shares (Direct)
Footnotes (3)
  1. F1. Consists of performance stock units earned under long-term incentive plan.
  2. F2. Surrendered shares to pay taxes on issued shares.
  3. F3. Includes 24,877 shares earned but not vested.
Shares granted 3,194 shares of Common Stock Grant of performance stock units earned under long-term incentive plan on August 27, 2026
Shares surrendered for taxes 1,337 shares of Common Stock Surrendered to pay taxes on issued shares on August 27, 2026
Tax withholding price $87.81 per share Price used for 1,337 surrendered shares to pay taxes
Earned but not vested shares 24,877 shares Holdings after transactions include 24,877 shares earned but not vested
performance stock units financial
"Consists of performance stock units earned under long-term incentive plan"
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 plan financial
"Consists of performance stock units earned under long-term incentive plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding"

FAQ

What stock award did AVT executive Leng Jin Chan receive on August 27, 2026?
Leng Jin Chan received a grant of 3,194 shares of AVNET INC common stock, consisting of performance stock units earned under a long-term incentive plan, on August 27, 2026.

How many AVT shares were surrendered for taxes in this Form 4?
The filing reports that 1,337 AVT shares of common stock were surrendered to pay taxes on the issued shares at a price of $87.81 per share.

Were the AVT transactions under a Rule 10b5-1 trading plan?
No. The Form 4 for AVNET INC indicates the Rule 10b5-1 checkbox is not checked, so the reported transactions were not affirmed as being made under a Rule 10b5-1 trading plan.

What portion of Leng Jin Chan’s AVT holdings is not yet vested?
After the reported transactions, the filing states that the holdings include 24,877 shares that are earned but not vested.

What is the nature of the AVT stock grant to Leng Jin Chan?
The 3,194 AVNET INC shares are described as performance stock units earned under a long-term incentive plan, and were reported as a grant or award acquisition at no cash price per share.

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

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Chan Leng Jin
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, CIO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/27/2026A3,194(1)A$058,127D
Common Stock08/27/2026F1,337(2)D$87.8156,790(3)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Consists of performance stock units earned under long-term incentive plan.
2. Surrendered shares to pay taxes on issued shares.
3. Includes 24,877 shares earned but not vested.
/s/ Darrel S. Jackson, Attorney-In-Fact08/28/2026
** Signature of Reporting PersonDate
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