Form 4: Arrow Electronics Director Acquires Deferred Stock Units

Director Michael D. Hayford acquired 211.57 Deferred Stock Units (DSUs) of Arrow Electronics, Inc. on May 15, 2024, under the company's Non-Employee Directors Deferred Compensation Plan.

Summary

• On May 15, 2024, Michael D. Hayford, a director of Arrow Electronics, Inc., acquired 211.57 Deferred Stock Units (DSUs).
• These DSUs were issued under the Arrow Electronics, Inc. Non-Employee Directors Deferred Compensation Plan.
• The DSUs will be settled by the issuance of Common Stock on a one-for-one basis following death or separation from service as a director.
• The price of the transaction was $129.98 per unit.
• Following the transaction, Mr. Hayford directly owns 211.57 DSUs.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-governed company. The sentiment is neutral to slightly positive.

Future Outlook

The DSUs will be settled by issuance of Common Stock on a one-for-one basis following death or separation from service as a director.

Industry Context

This Form 4 filing is a routine disclosure of a director's acquisition of deferred stock units, which is a common form of compensation for non-employee directors. It reflects standard practices in corporate governance and executive compensation within publicly traded companies.

Comparison to Industry Standards

• Deferred stock units are a common form of compensation for non-employee directors in publicly traded companies, aligning their interests with long-term shareholder value.
• Companies like Texas Instruments and Intel also utilize deferred compensation plans for their directors, with similar vesting and settlement terms.
• The specific number of DSUs granted and the valuation method may vary based on company size, performance, and compensation policies.

Stakeholder Impact

• The acquisition of DSUs by a director aligns their interests with shareholders, promoting long-term value creation.
• This type of compensation is a standard practice and generally does not have a significant immediate impact on other stakeholders.

Key Dates