AVNET INC (AVT)

Insider Trading Filed: 2026-05-06

Key Insights

CEO Philip Gallagher sold 23,920 shares on 05/05/2026 at an average price of $82.92, representing a significant stock sale that could indicate confidence in current valuation or portfolio rebalancing.
On the same day as the sale, Gallagher exercised an option to acquire 23,920 shares at $48.62, suggesting a strategic use of equity compensation that resulted in an immediate net sale of the same quantity at higher market prices.
Gallagher maintains substantial beneficial ownership of 523,457 shares (145,003 direct + 209,531 indirect + 168,923 post-transaction), demonstrating continued significant alignment with shareholder interests despite the sale activity.
The transaction included unvested restricted stock units (113,340 shares) and performance stock units (9,742 shares) as part of ongoing equity compensation, indicating the company's use of variable pay tied to performance metrics.

Quarterly Report Filed: 2026-05-01

Key Insights

Avnet has active restructuring initiatives in Fiscal Year 2026 with employee severance and other integration charges, indicating ongoing cost optimization efforts across business segments including Premier Farnell and Electronic Components.
The company maintains multiple debt instruments including term loans, securitization programs, and revolving credit facilities, with notes due in April 2026 requiring near-term refinancing or repayment.
Avnet operates across three geographic segments (Americas, EMEA, and Asia) with derivatives and hedging instruments in place for foreign exchange and cross-currency interest rate risk management, reflecting exposure to international markets.
The filing shows active use of accounts receivable securitization programs and various credit facilities as of Q3 2026, suggesting active working capital management to support distributor operations.

Current Report Filed: 2026-04-29

Key Insights

Avnet announced Q3 fiscal 2026 results on April 29, 2026, with the detailed earnings disclosed via press release rather than in the 8-K itself, requiring investors to review Exhibit 99.1 for specific financial metrics.
The filing was signed by CFO Kenneth A. Jacobson, indicating standard quarterly earnings reporting with no material events, acquisitions, or significant business changes disclosed.
This is a routine earnings announcement 8-K (Item 2.02) with no indication of earnings surprises, guidance changes, or material developments that would warrant special disclosure under Items 1.01, 5.02, or 8.01.

Insider Trading Filed: 2026-03-19

Key Insights

Ernest E. Maddock, a director at AVNET INC, disposed of 5,265 shares of common stock on March 18, 2026.
Maddock also acquired 94 Phantom Stock Units (PSUs) on the same date, which will be settled in AVNET's common stock after he leaves the board or upon a change of control.
The insider selling and PSU acquisition suggest Maddock may be adjusting his position and exposure to AVNET, but the overall transaction volume is relatively small.

Insider Trading Filed: 2026-03-19

Key Insights

The reporting person, Oleg Khaykin, who is a director of Avnet Inc., sold 9,000 shares of the company's common stock on March 18, 2026.
In addition to the share sale, Khaykin also acquired 326 phantom stock units (PSUs) of Avnet Inc. on the same date, which will be settled in the company's common stock after he leaves the board or upon a change of control.
The sale of 9,000 shares represents a notable reduction in Khaykin's direct ownership of Avnet Inc. common stock, which may signal a change in his investment strategy or outlook on the company.

Insider Trading Filed: 2026-03-19

Key Insights

Virginia Henkels, a director of AVNET INC, reported a direct sale of 1,265 shares of the company's common stock on March 18, 2026.
Henkels also acquired 45 additional phantom stock units (PSUs) as a result of the company's quarterly dividend, which will be settled in AVNET's common stock upon her departure from the board or a change of control.
The reported transactions provide insight into the insider trading activity and ownership changes within AVNET INC.

Insider Trading Filed: 2026-03-19

Key Insights

Helmut Gassel, a director of Avnet Inc (AVT), reported disposing of 1,265 shares of common stock in the company.
Gassel also acquired 45 additional phantom stock units (PSUs), which will be settled in Avnet's common stock after he leaves the board or upon a change of control.
The insider selling and additional PSU holding suggest changes in Gassel's position and investment in Avnet, which investors should monitor for potential implications.

Insider Trading Filed: 2026-03-19

Key Insights

Brenda Freeman, a director of AVNET INC, has acquired 209 Phantom Stock Units (PSUs) on March 18, 2026, which will be settled in the company's common stock after she leaves the board or upon a change of control.
The acquisition of PSUs appears to be an ongoing program, as the filing indicates that the additional PSUs were acquired as a result of the quarterly dividend.
Insider buying, such as this acquisition of PSUs by a director, can be a positive signal for investors as it may indicate the insider's confidence in the company's future performance.

Insider Trading Filed: 2026-03-19

Key Insights

Rodney C. Adkins, a director of AVNET INC (AVT), sold 40,564 shares of the company's common stock on March 18, 2026.
In addition to the stock sale, Adkins also received 31 Phantom Stock Units (PSUs) as a result of the company's quarterly dividend.
The sale of 40,564 shares represents a significant portion of Adkins' total beneficial ownership, which was reduced to 5,393 shares after the reported transaction.

Insider Trading Filed: 2026-02-25

Key Insights

Philip R. Gallagher, the CEO of Avnet Inc., exercised stock options and sold a portion of the shares, indicating potential liquidity needs or portfolio rebalancing.
Gallagher still maintains a significant ownership stake in Avnet, with over 378,000 shares beneficially owned, suggesting his continued confidence in the company's long-term prospects.
The insider transaction was executed under a pre-planned 10b5-1 trading plan, which may provide some reassurance to investors about the timing and rationale behind the trade.

Insider Trading Filed: 2026-02-18

Key Insights

The reporting person, Michael Ryan McCoy, executed a stock option exercise and sale transaction on February 17, 2026, acquiring 36,292 shares of Avnet Inc. (AVT) common stock at $29.85 per share and then selling all 36,292 shares at an average price of $65.48.
The reporting person currently holds 76,674 shares of Avnet Inc. common stock directly, including 21,317 shares underlying RSUs and 1,809 shares underlying Performance Stock Units that have not yet vested.
The reporting person also holds two additional employee stock options, one granted in fiscal year 2022 for 32,052 shares with an exercise price of $39.62, and another granted in fiscal year 2021 for 36,292 shares with an exercise price of $29.85.

Insider Trading Filed: 2026-02-13

Key Insights

Jay David Youngblood, the SVP and Chief Digital Officer of Avnet Inc., sold 987 shares of the company's common stock on February 12, 2026 at a price of $66.27 per share.
Following the transaction, Youngblood now directly owns 6,635 shares of Avnet Inc., including 5,648 shares underlying RSUs that have not yet vested or been delivered.
The sale represents a relatively small portion of Youngblood's overall stake in the company, suggesting this may have been for personal financial reasons rather than a significant change in his outlook on Avnet's prospects.

Quarterly Report Filed: 2026-01-30

Key Insights

The filing indicates that Avnet is undergoing a major restructuring and integration process, with significant charges related to facility closings, employee severance, and asset impairments.
Avnet's business segments, including Premier Farnell and Electronic Components, are experiencing volatility and changes, which could impact the company's financial performance.
The company is utilizing various financing instruments, such as revolving credit facilities and accounts receivable securitization programs, to manage its liquidity and capital structure.

Current Report Filed: 2026-01-28

Key Insights

Avnet, Inc. reported its second quarter results for fiscal 2026, indicating the company's continued operations and financial performance.
The press release announcement suggests Avnet is maintaining its business activities and providing updates to investors on a regular basis.
No major changes or events were disclosed in the 8-K filing, indicating a routine quarterly reporting for the company.

Insider Trading Filed: 2026-01-06

Key Insights

The reporting person, Ken E. Arnold, is an SVP and Chief People Officer of Avnet Inc., indicating a key leadership role.
Arnold disposed of 3,487 shares of Avnet's common stock, likely to cover tax obligations related to the vesting of restricted stock units (RSUs) and performance stock units (PSUs).
Arnold still holds a substantial beneficial ownership position of 61,499 shares, including 19,833 shares underlying unvested RSUs and 1,670 shares underlying unvested PSUs.

Insider Trading Filed: 2026-01-06

Key Insights

Insider Jay David Youngblood, SVP and Chief Digital Officer, has disposed of 628 shares of Avnet Inc. (AVT) by surrendering them to pay taxes on vesting restricted stock units.
Youngblood continues to hold 7,622 shares of Avnet, including 5,648 shares underlying unvested RSUs, indicating his ongoing involvement and commitment to the company.
The transaction appears to be a routine tax withholding event and does not necessarily signal any broader concerns or changes in Youngblood's ownership or role within the company.

Insider Trading Filed: 2026-01-06

Key Insights

Michael Ryan McCoy, the SVP and General Counsel of Avnet Inc., has surrendered 3,763 shares to cover taxes on the vesting of restricted stock units (RSUs), suggesting ongoing equity compensation and alignment with shareholders.
McCoy's total beneficial ownership is 76,674 shares, including 21,317 unvested RSUs and 1,809 unvested performance stock units, indicating substantial equity exposure and incentives.
The transaction appears routine as part of equity compensation arrangements and does not indicate any significant changes in McCoy's overall ownership position or confidence in the company.

Insider Trading Filed: 2026-01-06

Key Insights

Kenneth A. Jacobson, the Chief Financial Officer of Avnet Inc., has disposed of 4,694 shares of the company's common stock through a stock surrender to pay taxes applicable to the vesting of Restricted Stock Units (RSUs).
Jacobson still beneficially owns 42,319 shares of Avnet's common stock directly, as well as an additional 52,968 shares indirectly through the K & A Jacobson 2017 Rev Trust.
The filing indicates that Jacobson has 28,069 shares underlying RSUs and 2,087 shares underlying Performance Stock Units that are earned but not yet vested or delivered.

Insider Trading Filed: 2026-01-06

Key Insights

The reporting person, Philip R. Gallagher, has surrendered 27,986 shares of common stock to pay taxes associated with the vesting of restricted stock units (RSUs) and performance stock units (PSUs).
Gallagher beneficially owns a total of 378,454 shares of Avnet's common stock, including 113,340 shares underlying unvested RSUs and 9,742 shares underlying unvested PSUs.
The transaction appears to be a routine tax payment related to the vesting of equity incentive awards, which is a common practice for executives.

Insider Trading Filed: 2026-01-06

Key Insights

The reporting person, Chan Leng Jin, who is the SVP and CIO of Avnet Inc., surrendered 2,216 shares to pay taxes related to the vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
Chan Leng Jin still beneficially owns 40,776 shares of Avnet Inc., including 12,870 shares underlying RSUs and 1,044 shares underlying PSUs that have been earned but not yet vested or delivered.
The transaction appears to be a routine tax-related share surrender by an insider, which is a common practice for executives receiving equity-based compensation.

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Important Information