Form 4: Arrow Electronics Director Acquires Deferred Stock Units
SEC Form 4 Filing
Steven Henry Gunby, a director at Arrow Electronics, acquired deferred stock units (DSUs) convertible to common stock.
Summary
- On May 15, 2025, Steven Henry Gunby, a director of Arrow Electronics, Inc., acquired 228.05 Deferred Stock Units (DSUs) under the company's Non-Employee Directors Deferred Compensation Plan.
- These DSUs will be settled by issuing common stock on a one-for-one basis following the director's death or separation from service.
- The price of the derivative security was $120.59.
- Following the transaction, Gunby directly owns 8,390.89 derivative securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a director's acquisition of deferred stock units. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, such as directors and officers. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The acquisition of DSUs by a director can be seen as a positive sign by shareholders, indicating confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Steven Henry Gunby acquired Deferred Stock Units. |
| 05/16/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Arrow Electronics, Director, DSU, Deferred Stock Units, Beneficial Ownership, ARW, Gunby
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