AVT Insider Filing: McCoy's RSU Vesting and Share Sale at $52.89

Rhea-AI Filing Summary

Avnet, Inc. SVP and General Counsel Michael Ryan McCoy reported two Section 16 transactions. On 08/21/2025 he was issued 15,144 shares upon vesting of restricted stock units (RSUs) at no cash cost, bringing his beneficial ownership to 82,512 shares. On 08/22/2025 he sold 2,075 shares at $52.89 per share, reducing his holdings to 80,437 shares. The filing notes that his reported holdings include 34,690 RSU shares allocated but unvested and 1,809 performance stock unit (PSU) shares earned but not yet vested. The Form 4 was signed by an attorney-in-fact on 08/25/2025.

Insights

Financial Analyst

TL;DR: Insider received compensation in RSUs and completed a modest sale; net ownership change is small relative to total holdings.

The issuance of 15,144 RSU shares represents routine equity compensation for a senior executive and increases reported beneficial ownership to 82,512 before the subsequent sale. The sale of 2,075 shares at $52.89 appears to be a partial disposition, potentially to cover tax obligations or diversify holdings; the filing explicitly states some shares were surrendered to pay taxes on PSU vesting. Overall, these transactions do not indicate a significant change in economic alignment with shareholders given the retained unvested RSUs and PSUs.

Corporate Governance Expert

TL;DR: Transactions are standard insider compensation and tax-related disposition; disclosure is complete and timely per Form 4 requirements.

The report discloses both the grant-derived acquisition of RSUs and a subsequent sale, with clear explanation that surrendered shares were used to satisfy tax withholding on PSUs. The inclusion of counts for unvested RSUs (34,690) and PSUs (1,809) provides useful transparency about continuing incentive alignment. No unusual patterns or unexplained departures from standard equity-plan mechanics are observable in this filing.

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

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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^*

McCoy Michael Ryan

(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, General Counsel

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		15,144(1)	A	$0	82,512	D
Common Stock	08/22/2025		F		2,075(2)	D	$52.89	80,437(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 34,690 shares underlying RSUs allocated but not yet vested and 1,809 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 Michael Ryan McCoy report on Form 4 (AVT)?

He reported acquisition of 15,144 RSU shares on 08/21/2025 and sale of 2,075 shares at $52.89 on 08/22/2025.

How many Avnet shares does McCoy beneficially own after these transactions?

The filing shows 80,437 shares beneficially owned following the reported transactions.

Does the Form 4 disclose unvested equity for McCoy at Avnet (AVT)?

Yes; it discloses 34,690 RSU shares allocated but not vested and 1,809 PSUs earned but not yet vested.

Why were shares surrendered according to the filing?

The filing states shares were surrendered to pay taxes applicable to PSU issuance upon vesting.

Who signed the Form 4 for Michael Ryan McCoy?

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