Avnet (AVT) SVP Ken E. Arnold Receives 21,452-Share Award

What Happened Ken E. Arnold, Senior Vice President and Chief People Officer of Avnet (AVT), was granted 21,452 shares on 2026-08-20. The award is reported as acquired at $0.00 (a grant of restricted stock units and/or performance stock units), so there was no cash purchase. This is a company equity award rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-08-20; filing date (Form 4): 2026-08-21.
• Transaction type/code: A — Grant / award / other acquisition; 21,452 shares acquired at $0.00.
• Shares owned after transaction: Not reported in the provided filing details.
• Notable footnotes from the filing:
  • F1: The grant consists of restricted stock units (RSUs) and performance stock units (PSUs) under long-term incentive plans.
  • F2: References 30,189 unvested RSUs and 12,766 unvested PSUs (as noted in the filing).
  • F3/F4: Vesting schedule notes referencing options vesting in four equal annual installments beginning one year after grant (applies to option grants noted in filing footnotes).
• Timeliness: Filing covers the 2026-08-20 grant and was filed on 2026-08-21 — appears timely (no late filing flag indicated).

Context This transaction is a standard compensation award (RSUs/PSUs) typically subject to vesting and performance conditions; it does not represent an immediate market purchase or sale. Such grants are common for executive compensation and do not, by themselves, indicate insider buying or selling intent. If and when units vest and convert to shares, they may be subject to withholding or subsequent reporting (e.g., tax withholdings, sales), which would appear in later filings.