Avnet (AVT) Director Henkels Receives 29 Phantom Stock Units

What Happened Henkels, a director of Avnet Inc. (AVT), was granted 29 phantom stock units (PSUs) on June 17, 2026. The filing values the award at $90.91 per unit for a total reported value of $2,636. This was an award/derivative grant (code A), not an open-market purchase or sale.

Key Details

• Transaction date: June 17, 2026.
• Transaction type: Grant / award of PSUs (derivative) — 29 units @ $90.91 each; total $2,636.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — each PSU equals one share and will be settled in common stock after the reporting person leaves the Board or upon a change of control; F2 — additional PSUs were acquired due to the quarterly dividend.
• Filing date: June 22, 2026. The report was filed 5 days after the transaction; Form 4s are generally required within 2 business days, so this filing appears late.

Context Phantom stock units are a deferred-compensation award that convert into actual shares (or equivalent value) only under specified conditions (here, board departure or change of control). Because this is a small, routine director award rather than an open-market buy or sell, it should be viewed as compensation-related rather than a direct signal of the director’s near-term view on the stock.