Form 4: Arrow Electronics CEO Sean J. Kerins Reports Stock Disposals for Tax Obligations

Sean J. Kerins, President and CEO of Arrow Electronics, reported the disposal of common stock to cover tax withholding obligations related to vesting Restricted Stock Units.

Summary

• On February 14, 2025, Sean J. Kerins, the President and CEO of Arrow Electronics, disposed of 1,665 shares of common stock at a price of $109.12 to cover tax obligations, reducing his holdings to 118,145 shares.
• A further 932 shares were disposed of on the same day at the same price, bringing his holdings to 117,213 shares.
• On February 15, 2025, Kerins disposed of an additional 1,118 shares at $109.12, resulting in a final holding of 116,095 shares.
• These transactions were related to the vesting of Restricted Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine stock disposals for tax purposes, which is a normal part of executive compensation. It doesn't inherently indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Stakeholder Impact

• The stock disposal by the CEO could have a minor, short-term impact on shareholders due to the increased selling pressure, but it's unlikely to be significant given the reason for the disposal.

Key Dates

Keywords

Arrow Electronics, Sean J. Kerins, stock disposal, Form 4, tax withholding, Restricted Stock Units, ARW