Avnet (AVT) SVP Jay D. Youngblood Receives 7,090-Share Award

What Happened

• Jay D. Youngblood, Senior Vice President and Chief Digital Officer at Avnet (AVT), received a grant of 7,090 shares classified as an award (Form 4 transaction code A) on 2026-08-20. The reported acquisition price is $0.00, so there was no cash exchanged at grant.

Key Details

• Transaction date: 2026-08-20; filing date: 2026-08-21 (timely; within SEC reporting window).
• Grant: 7,090 shares @ $0.00 (award/long-term incentive); total immediate cash value reported = $0.
• Footnotes: F1 notes the grant consists of restricted stock units (RSUs) and performance stock units (PSUs). F2 indicates holdings include 9,676 unvested RSUs and 3,062 unvested PSUs (these are subject to vesting/performance conditions).
• Transaction type: Award/Grant (not an open-market buy or sale) — compensation, not a market bet.

Context

• RSUs and PSUs are long-term incentive awards that typically vest over time or based on performance goals; they do not represent immediately tradable cash unless vested and settled. Such grants are routine executive compensation and should be viewed as remuneration rather than a direct signal of insider buying or selling.