Ken E. Arnold, Senior Vice President and Chief People Officer of Avnet Inc., filed a Form 4 on September 15, 2026, reporting the acquisition of 3,546 shares of common stock on September 14, 2026.

Key Highlights

  • Transaction: Arnold acquired 3,546 shares of Avnet common stock on 09/14/2026 at a price of $0, consisting of performance stock units earned under long-term incentive plans.
  • Resulting ownership: Following the transaction, Arnold beneficially owns 89,469 shares directly, including 30,189 unvested restricted stock units and 16,312 unvested performance stock units.
  • Existing options: Arnold holds three tranches of employee stock options with exercise prices of $44.12 (7,908 shares), $39.72 (12,404 shares), and $29.85 (33,604 shares).
  • Option vesting: All three option grants vest in four equal annual installments beginning on the first anniversary of the date of grant, according to the filing.
  • Filer role: Arnold is identified in the filing as SVP, Chief People Officer of Avnet Inc., traded on NASDAQ:AVT.

Avnet Chief People Officer Reports Performance Unit Award and Existing Option Holdings

According to the Form 4 filed with the SEC on September 15, 2026, Ken E. Arnold, Avnet Inc.'s SVP and Chief People Officer, reported a single acquisition transaction dated September 14, 2026. The filing indicates that 3,546 shares of common stock were acquired (transaction code A) at a price of $0, and the filing's footnote states these shares "consist of performance stock units earned under long-term incentive plans."

Following the reported transaction, the filing discloses that Arnold directly holds 89,469 shares of Avnet common stock. The filing further notes that this total includes 30,189 unvested restricted stock units and 16,312 unvested performance stock units, meaning a portion of the reported beneficial ownership remains subject to vesting conditions.

In Table II of the filing, Arnold's derivative securities are reported without a new transaction, reflecting existing holdings. These consist of three employee stock option grants: 7,908 shares with an exercise price of $44.12 expiring 02/17/2029; 12,404 shares with an exercise price of $39.72 expiring 08/12/2029; and 33,604 shares with an exercise price of $29.85 expiring 11/15/2030. The filing states that all three option grants vest in four equal annual installments beginning on the first anniversary of the date of grant. All option holdings and the share acquisition are held directly.

What Was Disclosed

The filing reports a single acquisition of 3,546 common shares at $0 via performance stock units by Avnet's SVP and Chief People Officer, bringing his direct beneficial ownership to 89,469 shares, alongside three existing employee stock option grants totaling 53,916 underlying shares.