Philip R Gallagher

CEO Philip R Gallagher sold 23,920 shares of AVT at $82.92 for $1,983,446.40; retains 168,923 shares post-sale.

Philip R Gallagher, CEO of Avnet Inc, sold 23,920 shares at $82.92 on 2026-05-05, reducing his non-derivative holdings by 12.4% to 168,923 shares. The sale occurred while the stock trades at $90.59, approximately 4.9% below its 52-week high of $95.26. His prior sales at Avnet have not demonstrated consistent well-timed execution: none of his 3 prior AVT sales resulted in negative 90-day returns (the marker of successful exit timing for sales), with 90-day outcomes of +27.4%, +2.2%, and +3.4% respectively. The company shows mixed fundamentals—$7.1B in latest-quarter revenue alongside -6.6% annual revenue growth and a P/E of 34.71—suggesting sector or operational headwinds despite the stock's recent 51.7% 90-day gain.

CEO Gallagher sells 46.1K AVT shares at $67.42 (at 52-week high); stock at peak following +42.6% 90-day rally.

GALLAGHER PHILIP R, Chief Executive Officer, sold 46,068 shares at $67.42, reducing his holdings from 214,991 to 168,923 shares (-21.4%). The sale occurred precisely at the 52-week high of $67.34 (transaction price $67.42), in the immediate aftermath of a substantial rally: the stock posted +31.1% over 30 days and +42.6% over 90 days prior to the transaction. His prior three sales at AVT (May 2024, May 2023) produced mixed 90-day returns: -4.2%, +3.4%, and +10.8%, with none meeting the threshold of negative return that would indicate well-timed selling. His cross-ticker track record across 3 prior sales shows an average 90-day return of +5.5%, a well-timed rate of 0.00%, and an average 30-day return of +5.5%, suggesting his sales historically have not preceded declines. The timing of this sale—at peak valuation in a stretched rally—presents a factual contrast to his historical selling pattern at this ticker and in aggregate, warranting examination of whether execution circumstances differ materially from prior periods.