AVT Insider Filing: RSU Vesting and Tax-Related Share Surrender in Aug 2025
Rhea-AI Filing Summary
Avnet insider Ken E. Arnold, Senior Vice President and Chief People Officer, reported two transactions in August 2025. On 08/21/2025 he was issued 14,200 shares as Restricted Stock Units (RSUs) at no purchase price, reflecting vesting under long-term incentive plans. On 08/22/2025 he disposed of 1,800 shares at a price of $52.89, described as surrendered shares to cover taxes on vested Performance Stock Units (PSUs). After these reported transactions he beneficially owned 64,986 shares; the filing notes 32,173 RSU shares and 1,670 PSU shares that remain allocated but unvested.
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Insights
TL;DR Routine executive equity vesting and a small tax-related disposition; no material change to overall ownership or control.
The filing documents standard compensation mechanics: issuance of 14,200 RSUs on 08/21/2025 and a subsequent surrender of 1,800 shares on 08/22/2025 at $52.89 to satisfy tax withholding related to PSUs. The report discloses 64,986 shares beneficially owned after transactions, including 32,173 RSU shares and 1,670 PSU shares not yet vested. These are routine disclosures tied to long-term incentive plans and do not, by themselves, indicate a change in business outlook or governance.
TL;DR Standard insider reporting of compensation vesting and tax-related share surrender; complies with Section 16 reporting requirements.
The Form 4 shows timely reporting of equity awards vesting and an associated disposition to cover taxes. The presence of unvested RSUs and PSUs (32,173 and 1,670 shares respectively) is consistent with retention-focused executive compensation. Signature by an attorney-in-fact is documented with a filing date of 08/25/2025. No indications of unusual trading patterns or related-party transactions are disclosed.