Freeman Brenda 4
4 · AVNET INC · Filed Mar 19, 2026
Research Summary
AI-generated summary of this filing
Avnet (AVT) Director Brenda Freeman Receives 209-Share Award
What Happened
Brenda Freeman, a director of Avnet, Inc. (AVT), was granted 209 Phantom Stock Units (PSUs) on March 18, 2026. The grant is reported as a derivative acquisition (code A) valued at $59.96 per unit, for a total reported value of $12,532. This is a compensation award (not an open-market purchase or sale).
Key Details
- Transaction date and price: 2026-03-18; 209 PSUs at $59.96 each (total $12,532).
- Security type: Phantom Stock Units (derivative award), reported under transaction code A (award/grant).
- Shares owned after transaction: Not disclosed in this Form 4 filing.
- Footnotes:
- F1: Each PSU equals one share and will be settled in Avnet common stock after Freeman leaves the Board or upon a change in control.
- F2: Additional PSUs were added as a result of the quarterly dividend.
- Filing timeliness: Form 4 was filed on 2026-03-19 for a 2026-03-18 transaction (timely within the usual 2-business-day reporting window).
Context
Phantom stock units are deferred-compensation awards that convert to company shares under specified conditions (here, departure from the Board or a change in control). This type of grant is a routine form of director compensation and does not represent an open-market purchase or sale that would immediately affect public float or signal near-term buying pressure.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2]2026-03-18$59.96/sh+209$12,532→ 36,054 total→ Common Stock (209 underlying)
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.