Avnet (AVT) director receives 209 dividend Phantom Stock Units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Avnet director Brenda Freeman received a grant of 209 Phantom Stock Units on March 18, 2026. Each Phantom Stock Unit equals one share of Avnet common stock and will be settled in common shares after she leaves the Board or upon a change of control. The footnotes state these additional units were acquired as a result of Avnet’s quarterly dividend, bringing her total reported Phantom Stock Unit balance to 36,054 units held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Freeman Brenda

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	209	$59.96	$13K

Holdings After Transaction: Phantom Stock Units — 36,054 shares (Direct)

Footnotes (1)

Each Phantom Stock Unit ("PSU") equals one share of the Issuer's common stock, and will be settled in the Issuer's common stock after the reporting person leaves the Issuer's Board or upon change of control of the Issuer. Additional PSUs acquired as a result of the quarterly dividend.

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Form 4 Insider Transactions: What Each Field Means →

03/19/2026 - 04:18 PM

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^*

Freeman Brenda

(Last)

(First)

(Middle)

C/O AVNET, INC.

2211 S. 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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock Units⁽¹⁾	⁽¹⁾	03/18/2026		A		209⁽²⁾		⁽¹⁾	⁽¹⁾	Common Stock	209	$59.96	36,054	D

Explanation of Responses:

1. Each Phantom Stock Unit ("PSU") equals one share of the Issuer's common stock, and will be settled in the Issuer's common stock after the reporting person leaves the Issuer's Board or upon change of control of the Issuer.

2. Additional PSUs acquired as a result of the quarterly dividend.

	/s/ Darrel S. Jackson, Attorney-In-Fact	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Avnet (AVT) report for Brenda Freeman?

Avnet reported that director Brenda Freeman received 209 Phantom Stock Units on March 18, 2026. These units were granted as additional PSUs tied to the company’s quarterly dividend, increasing her total Phantom Stock Unit holdings to 36,054 units.

How many Phantom Stock Units did Brenda Freeman receive in this Avnet Form 4?

Brenda Freeman received 209 Phantom Stock Units in this transaction. The units were granted at a reference price of $59.96 per unit, linked to Avnet’s quarterly dividend, and raised her total Phantom Stock Unit balance to 36,054 units held directly.

What are Phantom Stock Units in the context of Avnet (AVT)?

For Avnet, each Phantom Stock Unit equals one share of its common stock. These units are a deferred compensation form that will be settled in actual Avnet common shares after the reporting person leaves the Board or if there is a change of control.

When will Brenda Freeman’s Avnet Phantom Stock Units be settled?

Brenda Freeman’s Phantom Stock Units will be settled in Avnet common stock after she leaves the company’s Board. They may also be settled upon a change of control of Avnet, according to the footnote describing the terms of these units.

Were Brenda Freeman’s 209 Avnet Phantom Stock Units an open-market purchase?

No, the 209 Phantom Stock Units were not an open-market purchase. They were a grant classified as an acquisition under code A, described as additional PSUs acquired as a result of Avnet’s quarterly dividend, not a discretionary market trade.

How many Avnet Phantom Stock Units does Brenda Freeman hold after this grant?

After receiving 209 additional Phantom Stock Units, Brenda Freeman holds 36,054 Phantom Stock Units. All are reported as directly owned, and each unit represents a future right to receive one share of Avnet common stock under the plan’s settlement terms.