Avnet (NYSE: AVT) director awarded 31 new phantom stock units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

2 transactions reported

Mixed 2 txns

Insider Adkins Rodney C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	31	$59.96	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Phantom Stock Units — 5,393 shares (Direct); Common Stock — 40,564 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.

Form 4 Insider Transactions: What Each Field Means →

03/19/2026 - 04:16 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
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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^*

Adkins Rodney C

(Last)

(First)

(Middle)

C/O AVNET, INC.

2211 SOUTH 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)
Common Stock								40,564	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)
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		31⁽²⁾		⁽¹⁾	⁽¹⁾	Common Stock	31	$59.96	5,393	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 did Avnet (AVT) director Rodney C. Adkins report in this Form 4?

Rodney C. Adkins reported receiving 31 Phantom Stock Units tied to Avnet common stock as a grant or award. These units were added to his existing holdings and are linked to the company’s quarterly dividend accruals.

How do Avnet (AVT) Phantom Stock Units work for Rodney C. Adkins?

Each Phantom Stock Unit equals one share of Avnet common stock and will be settled in stock. Settlement occurs after Adkins leaves Avnet’s Board or if there is a change of control at the company, aligning director compensation with long-term outcomes.

What triggered the 31 Phantom Stock Units granted to Avnet (AVT) director Adkins?

The 31 Phantom Stock Units were acquired as additional units resulting from Avnet’s quarterly dividend. This mechanism increases Phantom Stock Unit balances when dividends are paid, mirroring how cash dividends benefit regular common shareholders over time.

How many Phantom Stock Units does Rodney C. Adkins hold at Avnet (AVT) after this grant?

After the 31-unit grant, Rodney C. Adkins holds 5,393 Phantom Stock Units linked to Avnet common stock. These units represent deferred equity-based compensation that will be settled in stock in the future, not immediate tradable shares today.

How many Avnet (AVT) common shares does Rodney C. Adkins directly own?

Rodney C. Adkins directly owns 40,564 shares of Avnet common stock, according to the Form 4. This figure reflects his direct equity stake separate from the 5,393 Phantom Stock Units, which function as deferred stock-settled compensation.

Does the Avnet (AVT) Form 4 show any stock sales or purchases by Rodney C. Adkins?

The Form 4 shows an acquisition of 31 Phantom Stock Units as a grant or award, not an open-market stock purchase or sale. There are no reported common stock buy or sell transactions in this filing for Adkins.