Form 4: Arrow Electronics Director Acquires Deferred Stock Units

Director Carol P. Lowe acquired 303.87 deferred stock units of Arrow Electronics, Inc. on November 15, 2024.

Summary

• Carol P. Lowe, a director at Arrow Electronics, Inc., acquired 303.87 deferred stock units (DSUs) on November 15, 2024.
• These DSUs were issued under the company's Non-Employee Directors Deferred Compensation Plan.
• The DSUs will be settled by issuing common stock on a one-for-one basis after the director's death or separation from service.
• The price of the underlying common stock at the time of the transaction was $115.18.
• Following the transaction, Ms. Lowe beneficially owns 3,000.09 DSUs.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is neither positive nor negative for the company's overall performance. It is a standard practice and does not indicate any significant change in the company's outlook.

Industry Context

This is a routine filing related to director compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• Deferred stock unit grants are a common form of compensation for non-employee directors in publicly traded companies.
• The terms of the Arrow Electronics plan, with settlement upon death or separation from service, are typical for such arrangements.
• Many companies, such as Texas Instruments and Intel, use similar deferred compensation plans for their directors.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a standard part of director compensation.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Deferred Stock Units, Director, Form 4, Arrow Electronics, Stock Acquisition, Non-Employee Directors Deferred Compensation Plan