Avnet (AVT) Director Oleg Khaykin Receives 213 PSUs Award

What Happened
Oleg Khaykin, a director of Avnet, reported an award-type acquisition (code A) on 2026-09-23: 212.74 phantom stock units (PSUs) were recorded at a per-unit value of $110.17, for a notional total of $23,438. This is a derivative award (PSUs), not an open-market purchase of common shares.

Key Details

• Transaction date: 2026-09-23; reported on 2026-09-25 (timely filing).
• Instrument and amount: 212.74 Phantom Stock Units (PSUs) @ $110.17 each; total value $23,438 (derivative).
• Shares owned after transaction: Not stated in the filing.
• Footnotes:
  • F1: Each PSU equals one share and will be settled in Avnet common stock after the director leaves the board or upon a change of control.
  • F2: These PSUs were acquired as a result of a quarterly dividend.
• Transaction code: A = Award/Grant (derivative-based), not a cash purchase or sale.

Context
PSUs are deferred equity awards that convert to common stock under specified conditions (e.g., departure from the board or change of control), so they do not reflect an immediate market purchase or sale. This award appears routine and modest in size (~$23k) and was credited due to a dividend-related PSU issuance.