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AVT Insider Filing: RSU Vesting and Tax-Related Share Surrender in Aug 2025

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.

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.

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
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*
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)
08/21/2025
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 08/21/2025 A 14,200(1) A $0 66,786 D
Common Stock 08/22/2025 F 1,800(2) D $52.89 64,986(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Consists of Restricted Stock Units ("RSUs") earned under long-term incentive plans.
2. Surrendered shares to pay taxes applicable to the issuance of shares upon the vesting of Performance Stock Units ("PSUs").
3. Includes 32,173 shares underlying RSUs allocated but not yet vested and 1,670 shares underlying PSUs earned by not yet vested.
/s/ Darrel S. Jackson, Attorney-In-Fact 08/25/2025
** 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.
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.

FAQ

What transactions did Avnet insider Ken E. Arnold report on Form 4 (AVT)?

The filing reports issuance of 14,200 RSU shares on 08/21/2025 and surrender of 1,800 shares on 08/22/2025 at $52.89.

How many Avnet shares does Ken E. Arnold beneficially own after the reported transactions?

He beneficially owned 64,986 shares following the reported transactions.

How many unvested RSUs and PSUs are disclosed for Ken E. Arnold?

The filing discloses 32,173 shares underlying RSUs allocated but not yet vested and 1,670 shares underlying PSUs earned but not yet vested.

Why were shares disposed of on 08/22/2025 according to the Form 4?

The filing states 1,800 shares were surrendered to pay taxes applicable to the issuance of shares upon vesting of PSUs.

Who signed the Form 4 filing for Ken E. Arnold and when?

The Form 4 was signed by /s/ Darrel S. Jackson, Attorney-In-Fact on 08/25/2025.
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