Avnet director granted 31 phantom stock units
Avnet Inc. director Rodney C. Adkins received 31 Phantom Stock Units on Common Stock as a grant or award.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Avnet Inc. director Rodney C. Adkins received 31 Phantom Stock Units on Common Stock as a grant or award. Each Phantom Stock Unit equals one share of Avnet common stock and will be settled in shares after he leaves the Board or upon a change of control. The award reflects additional Phantom Stock Units acquired as a result of the quarterly dividend. Following this transaction, he holds 5,393 Phantom Stock Units and 40,564 shares of Avnet common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 31 | $59.96 | $2K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Additional PSUs acquired as a result of the quarterly dividend.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Avnet (AVT) director Rodney C. Adkins report in this Form 4?
How do Avnet (AVT) Phantom Stock Units work for Rodney C. Adkins?
What triggered the 31 Phantom Stock Units granted to Avnet (AVT) director Adkins?
How many Phantom Stock Units does Rodney C. Adkins hold at Avnet (AVT) after this grant?
Does the Avnet (AVT) Form 4 show any stock sales or purchases by Rodney C. Adkins?
AI-generated analysis. How Rhea-AI works. Not financial advice.