Form 4: Avnet SVP Sells Shares for Tax Obligations

Avnet's SVP, Chief People Officer, Ken E. Arnold, disposed of 3,487 common shares to cover tax liabilities from vested Restricted Stock Units.

Summary

• Ken E. Arnold, SVP, Chief People Officer of Avnet, Inc. (AVT), disposed of 3,487 shares of common stock.
• The transaction occurred on January 5, 2026, at a price of $49.04 per share.
• The shares were surrendered to cover tax obligations related to the vesting of Restricted Stock Units (RSUs).
• Following this transaction, Ken E. Arnold beneficially owns 61,499 shares, which includes 19,833 shares underlying unvested RSUs and 1,670 shares underlying unvested Performance Stock Units.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax liabilities upon RSU vesting, which is a neutral event from an investment sentiment perspective.

Positives

• The vesting of Restricted Stock Units indicates the achievement of performance milestones or tenure, reflecting positively on the executive's contribution and the company's compensation structure.

Negatives

• No direct negatives; the disposition is a routine tax-related event.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with equity compensation plans. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine, non-discretionary transaction for tax purposes and does not indicate a change in the executive's long-term commitment or view of the company.
• Employees: No direct impact.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

Avnet, AVT, Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Sale, Tax Obligation, Executive Compensation, Ken E. Arnold