Avnet director acquires 20 units from dividend
The Phantom Stock Units each equal one AVNET common share and will be settled after board departure or upon a change of control.
Rhea-AI Filing Summary
AVNET Inc director Rodney C. Adkins acquired 20 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend. Each unit equals one share of AVNET common stock and will be settled in common stock after he leaves the board or upon a change of control. After the transaction, he held 5,434 Phantom Stock Units and 40,564 shares of common stock directly. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 20 shares
Grant/Award
2 txns
Insider
Adkins Rodney C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 20 | $100.17 | $2K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Phantom Stock Units — 5,434 contracts (Direct);
Common Stock — 40,564 shares (Direct)
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. PSUs acquired as a result of quarterly dividend.
Key Figures
Phantom Stock Units acquired: 20 Phantom Stock Units
Phantom Stock Units held after transaction: 5,434 Phantom Stock Units
Direct common stock holdings: 40,564 shares
3 metrics
Phantom Stock Units acquired
20 Phantom Stock Units
Acquired on September 23, 2026, as a result of a quarterly dividend
Phantom Stock Units held after transaction
5,434 Phantom Stock Units
After the transaction on September 23, 2026
Direct common stock holdings
40,564 shares
Reported on September 23, 2026
Key Terms
Phantom Stock Units, quarterly dividend, change of control, Rule 10b5-1
4 terms
Phantom Stock Units financial
"Each Phantom Stock Unit ("PSU") equals one share of the Issuer's common stock"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
quarterly dividend financial
"PSUs acquired as a result of quarterly dividend"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
change of control financial
"after the reporting person leaves the Issuer's Board or upon change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Rule 10b5-1 regulatory
"No Rule 10b5-1 plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many Phantom Stock Units did AVT director Rodney C. Adkins acquire?
AVNET director Rodney C. Adkins acquired 20 Phantom Stock Units on September 23, 2026, as a result of a quarterly dividend. After the transaction, his reported position was 5,434 Phantom Stock Units.
When do AVT Phantom Stock Units settle?
Each Phantom Stock Unit equals one share of AVNET common stock and will be settled in common stock after Adkins leaves the board or upon a change of control.
Did AVT director Rodney C. Adkins report a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.