Form 4: Arrow Electronics CEO Awarded 29,753 RSUs

William F. Austen, Interim President and CEO of Arrow Electronics, received an award of 29,753 restricted stock units tied to his executive appointment.

Summary

• William F. Austen, a Director and Interim President and CEO of Arrow Electronics, Inc. (ARW), acquired 29,753 restricted stock units (RSUs) on September 30, 2025.
• The RSUs were granted in connection with Mr. Austen's appointment as Interim President and CEO.
• These RSUs will vest 100% on the first anniversary of the grant date (September 30, 2026), contingent on Mr. Austen serving as Interim President and CEO or as a member of the Board of Directors.
• The acquisition price for these RSUs was $0, indicating a grant rather than a purchase.
• Following this transaction, Mr. Austen's total beneficial ownership in Arrow Electronics, Inc. is 40,762.06 securities, which includes the newly awarded 29,753 RSUs, 1,694.33 previously reported RSUs, and 9,314.73 shares of common stock.
• The reporting of RSUs has shifted from Table II to Table I in this Form 4 filing.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates executive compensation and alignment of interests, which is generally viewed favorably. It's a routine event following an executive appointment.

Positives

• The RSU grant aligns the interests of the Interim President and CEO, William F. Austen, with those of shareholders, as the value of his compensation is tied to the company's stock performance.
• The grant serves as compensation for Mr. Austen's leadership in his new executive role, potentially incentivizing long-term commitment and performance.

Risks

• The vesting of the 29,753 RSUs is contingent upon Mr. Austen's continued service as Interim President and CEO or as a Board member until September 30, 2026, introducing a performance and retention risk.

Future Outlook

The 29,753 restricted stock units are scheduled to vest 100% on September 30, 2026, provided William F. Austen remains in his role as Interim President and CEO or as a Board member.

Industry Context

This RSU grant is a standard practice in executive compensation within the technology and electronics distribution industry, aiming to retain key leadership and align their long-term incentives with shareholder value creation. Such grants are common upon appointment to significant executive roles.

Comparison to Industry Standards

• NA

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: The RSU grant aligns the interests of the Interim President and CEO with shareholders, as his compensation is tied to the company's stock performance, potentially fostering long-term value creation.
• Management: William F. Austen receives equity-based compensation, incentivizing his continued leadership and performance in his role.

Next Steps

• William F. Austen's 29,753 RSUs are expected to vest on September 30, 2026, subject to his continued service.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event (an RSU grant) following an appointment. While it signifies alignment of interests, it does not present new fundamental information that would significantly alter the investment thesis for Arrow Electronics, Inc. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific insider transaction.

Keywords

Arrow Electronics, ARW, William F. Austen, Restricted Stock Units, RSUs, Insider Transaction, Executive Compensation, Form 4, CEO, Director