Form 4: AVNET SVP Youngblood Sells 987 Shares

AVNET's SVP, Chief Digital Officer, Jay David Youngblood, reported the sale of 987 shares of common stock at $66.27 per share.

Summary

• Jay David Youngblood, SVP, Chief Digital Officer of AVNET INC, reported a transaction involving the company's common stock.
• On February 12, 2026, Youngblood sold 987 shares of AVNET common stock.
• The shares were sold at a price of $66.27 per share.
• Following this transaction, Youngblood beneficially owns 6,635 shares of AVNET common stock, which includes 5,648 shares underlying Restricted Stock Units (RSUs) that are earned but not yet vested or delivered.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned under a 10b5-1 program, mitigating concerns about opportunistic insider selling.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating it was pre-scheduled and not based on immediate insider information.

Negatives

• An insider sale, even if pre-planned, reduces the insider's direct equity stake in the company.

Industry Context

StockSavvy.ai notes that insider sales under a Rule 10b5-1 plan are common and typically reflect personal financial planning rather than a negative outlook on the company's future performance. Such pre-arranged plans help insiders avoid accusations of trading on material non-public information.

Stakeholder Impact

• Shareholders: Minimal direct impact due to the relatively small size of the transaction and its pre-planned nature.

Key Dates

Recommendation

This Form 4 filing reports a routine, pre-scheduled insider sale under a 10b5-1 plan. It does not provide new material information about AVNET's operational performance or strategic direction that would warrant a change in investment recommendation. Investors should consider broader company fundamentals and market conditions.

Keywords

AVNET, AVT, Insider Trading, Form 4, Stock Sale, Jay David Youngblood, Chief Digital Officer, 10b5-1 Plan, Common Stock