AVT Form 4: Senior VP Jay Youngblood Granted 5,680 RSUs (Most Unvested)

Rhea-AI Filing Summary

Avnet director and Senior Vice President, Chief Digital Officer Jay David Youngblood reported changes in his beneficial ownership on Form 4. The filing shows an acquisition of 5,680 shares in the form of Restricted Stock Units (RSUs) on 08/21/2025 with a reported price of $0, bringing his total reported beneficial ownership to 8,250 shares. The filing notes that 7,762 of those shares are underlying RSUs that have been allocated but have not yet vested. The Form 4 was signed by an attorney-in-fact on 08/25/2025.

This disclosure documents a routine equity compensation-related acquisition rather than an open-market purchase or sale; the transaction codes and explanations identify the shares as earned under long-term incentive plans rather than a cash purchase.

Insights

Securities Analyst

TL;DR: Insider received RSUs, increasing reported ownership to 8,250 shares; most remain unvested.

The Form 4 documents a non‑market acquisition of 5,680 RSUs credited to Jay David Youngblood on 08/21/2025, with total beneficial ownership of 8,250 shares and 7,762 shares still subject to vesting. Because the reported price is $0 and the explanation cites long‑term incentive plans, this is a compensation event rather than a discretionary purchase or sale. For investors monitoring insider alignment, the grant signals continued use of equity incentives to retain senior management but does not change outstanding share count or signal immediate liquidity events.

Corporate Governance Expert

TL;DR: Routine equity award disclosed; materiality is low absent vesting schedule or size relative to outstanding shares.

The filing meets Section 16 reporting requirements by disclosing the RSU award and the resulting beneficial ownership. The material facts disclosed are the 5,680 RSUs acquired and the 7,762 RSUs allocated but unvested. Missing from the filing are vesting dates and any conditions attaching to the RSUs, which would be relevant to assess retention incentives and potential future dilution. On its face, the transaction appears to be a standard compensation grant and is likely immaterial to the company's capital structure in isolation.

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

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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^*

Youngblood Jay David

(Last) (First) (Middle)

2211 S. 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 Digital 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		5,680(1)	A	$0	8,250(2)	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. Includes 7,762 shares underlying RSUs allocated but 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.
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FAQ

What did Avnet insider Jay David Youngblood report on Form 4 (AVT)?

He reported an acquisition of 5,680 shares as Restricted Stock Units on 08/21/2025, bringing his total beneficial ownership to 8,250 shares.

Are the shares reported by the Avnet insider vested and immediately tradable?

No. The filing states 7,762 shares are underlying RSUs that have been allocated but have not yet vested, indicating most are not immediately tradable.

Was this Form 4 an open-market purchase or a compensation award?

The filing identifies the shares as RSUs earned under long-term incentive plans and reports a price of $0, indicating a compensation award rather than an open-market transaction.

When was the Form 4 signed and filed for the Avnet insider transaction?

The filing was signed by an attorney-in-fact on 08/25/2025, reporting the transaction dated 08/21/2025.