Avnet (AVT) CEO Philip R. Gallagher Gifts and Transfers Shares

What Happened
Philip R. Gallagher, CEO of Avnet, reported three transactions on 2026-09-17: a gift of 250 shares (disposed) and an other disposition of 63,176 shares, paired with an other acquisition of 63,176 shares. All transactions show $0.00 per share (no cash exchanged). Footnotes clarify the 250 shares were donated to a non‑profit (F1) and the 63,176‑share movements relate to a transfer to the Gallagher Family Trust (F2).

Key Details

• Transaction date(s): 2026-09-17; filing date: 2026-09-18 (Form 4 accession 0000008858-26-000105).
• Prices reported: $0.00 per share for all items (gift/transfer).
• Shares involved: 250 shares donated; 63,176 shares transferred (disposed from one account and acquired by the family trust).
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes: F1 = donation to a non‑profit; F2 = transfer to Gallagher Family Trust.
• Filing appears timely (filed the day after the reported transactions).

Context
Gifts and intra‑family or trust transfers are common for charitable giving, estate planning, or account reorganization and do not necessarily reflect the insider’s view of the company’s stock. The "J" transaction code typically denotes other acquisitions/dispositions such as transfers between accounts or into trusts rather than open‑market trades. For full details, consult the Form 4 (accession 0000008858-26-000105).