Form 4: Arrow Electronics CFO Acquires Shares Under Restricted Stock Unit Award

Rajesh K. Agrawal, CFO of Arrow Electronics, acquired 10,687 shares of common stock at $107.61 per share on February 11, 2025, under a restricted stock unit award.

Summary

• On February 11, 2025, Rajesh K. Agrawal, the SVP and Chief Financial Officer of Arrow Electronics, Inc., acquired 10,687 shares of common stock.
• The acquisition was part of a Restricted Stock Unit (RSU) award.
• The price per share was $107.61.
• The RSU award is contingent upon Arrow Electronics achieving a net income greater than zero in the fiscal year of the grant.
• The award will vest in four equal installments, starting on February 11, 2026, and on each anniversary thereafter.
• The RSUs will settle in Common Stock of the Company on a one-for-one basis.
• Following the transaction, Agrawal beneficially owns 59,626 shares of Arrow Electronics common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The CFO acquiring shares indicates confidence in the company. The vesting conditions tied to net income align management with shareholder interests.

Positives

• The acquisition of shares by the CFO signals confidence in the company's future performance.
• The vesting of the RSUs is tied to the company achieving a net income greater than zero, aligning management's interests with shareholders.

Risks

• The RSU award is subject to forfeiture if Arrow Electronics does not achieve a net income greater than zero in the fiscal year of the grant.

Future Outlook

The vesting of the RSUs is dependent on the company achieving a net income greater than zero, suggesting a focus on profitability.

Industry Context

Executive stock ownership is a common practice to align management's interests with those of shareholders. RSU awards are frequently used as part of executive compensation packages in publicly traded companies.

Stakeholder Impact

• Shareholders: The acquisition of shares by the CFO can be viewed positively, indicating confidence in the company's future.
• Employees: The net income target may incentivize employees to improve the company's financial performance.

Next Steps

• Monitor the company's performance to see if it meets the net income target for the RSU award to vest.

Key Dates

Keywords

Arrow Electronics, Rajesh K. Agrawal, CFO, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, Stock Acquisition