AVNET INC·4

Mar 19, 4:22 PM ET

Henkels Virginia 4

4 · AVNET INC · Filed Mar 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Avnet (AVT) Director Virginia Henkels Receives 45-Share Award

What Happened
Virginia Henkels, a director of Avnet, was granted 45 Phantom Stock Units (PSUs) on 2026-03-18. The report lists the grant at $59.96 per share, totaling about $2,698. This was an award/derivative grant (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-03-18; filing date: 2026-03-19 (appears timely).
  • Grant: 45 PSUs at $59.96 each; total reported value ≈ $2,698.
  • Instrument: Phantom Stock Units (derivative award) — reported as an acquisition (A).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes:
    • F1: Each PSU equals one share and will be settled in Avnet common stock when the director leaves the board or upon a change of control.
    • F2: Additional PSUs were added due to the quarterly dividend.

Context
PSUs are a deferred/phantom share award that convert into actual shares (or their equivalent) under specified events; they do not represent an immediate cash purchase or sale by the insider. Such awards are common for directors as part of compensation and do not, by themselves, indicate a trading view.

Insider Transaction Report

Form 4
Period: 2026-03-18
Transactions
  • Award

    Phantom Stock Units

    [F1][F2]
    2026-03-18$59.96/sh+45$2,6987,659 total
    Common Stock (45 underlying)
Holdings
  • Common Stock

    1,265
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.
Signature
/s/ Darrel S. Jackson, Attorney-In-Fact|2026-03-19

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT