Form 4: Avnet Director Adalio Sanchez Receives Annual Stock Grant

Avnet Inc. Director Adalio Sanchez received an annual grant of 4,078 shares of common stock on January 2, 2026, increasing his beneficial ownership to 28,098 shares.

Summary

• Adalio T. Sanchez, a Director of Avnet Inc. (AVT), acquired 4,078 shares of common stock.
• The transaction occurred on January 2, 2026.
• The shares were acquired as part of the directors' annual stock grant, with a basis of $49.04 per share.
• The acquisition price for the reporting person was $0 per share.
• Following this transaction, Mr. Sanchez beneficially owns a total of 28,098 shares of Avnet Inc. common stock.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates continued director alignment with shareholder interests through equity ownership, a standard and generally well-regarded corporate governance practice.

Positives

• The annual stock grant to a director aligns management's interests with those of shareholders, as their personal wealth becomes more tied to the company's stock performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

Annual stock grants to non-employee directors are a standard practice across many publicly traded companies, serving as a form of compensation and a mechanism to align directors' interests with long-term shareholder value. This transaction is consistent with typical corporate governance practices for director compensation in the technology distribution sector.

Comparison to Industry Standards

• Director compensation, often including equity grants, is a common practice across industries, including technology and distribution. While specific grant sizes vary based on company size, performance, and board responsibilities, the mechanism of an annual stock grant is a widely accepted standard.
• Companies like Arrow Electronics (ARW) and Tech Data (now part of TD SYNNEX SNX), direct competitors or peers of Avnet, also utilize equity compensation for their directors to foster alignment and retention.

Corporate Governance

Stakeholder Impact

• Shareholders: The increased equity ownership by a director generally signals stronger alignment of interests between the board and shareholders, potentially fostering more shareholder-centric decision-making.

Key Dates

Keywords

Avnet, AVT, Adalio Sanchez, Director, Stock Grant, Insider Transaction, Common Stock, Beneficial Ownership, Corporate Governance