Avnet (AVT) SVP Ken E. Arnold Receives 3,546-Share Award

What Happened Ken E. Arnold, Senior Vice President and Chief People Officer at Avnet (AVT), received a grant of 3,546 shares reported as an award/acquisition on 2026-09-14. The filing shows an acquisition price of $0.00, so the reported cash cost was $0. The units are identified in the filing as performance stock units earned under Avnet’s long-term incentive plans.

Key Details

• Transaction date and filing: acquired 3,546 shares on 2026-09-14; Form 4 filed 2026-09-15 (timely).
• Price/Value: $0.00 per share; reported cash value $0.00 in the filing (these are equity awards, not an open-market purchase).
• Holdings noted in filing: filing footnote indicates holdings include 30,189 unvested restricted stock units and 16,312 unvested performance stock units (F2). F1 confirms the grant consists of performance stock units.
• Transaction code: A (award/grant/acquisition).
• Other footnotes (F3, F4) reference typical option vesting schedules but are not directly tied to this specific award.

Context Performance stock units (PSUs) are compensation that typically vest based on time and/or performance goals; they represent potential future shares rather than an immediate open-market purchase. Awards like this are common executive compensation and do not by themselves indicate buying/selling sentiment.