Form 4: Arrow Electronics Director Acquires Deferred Stock Units

Andrew Charles Kerin, a director at Arrow Electronics, acquired deferred stock units (DSUs) convertible to common stock, according to a recent SEC filing.

Summary

• On February 14, 2025, Andrew Charles Kerin, a director of Arrow Electronics, Inc., acquired 252.02 Deferred Stock Units (DSUs).
• These DSUs are 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 DSUs is $109.12.
• Following the transaction, Kerin directly owns 13,532.72 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and the transaction itself doesn't necessarily indicate positive or negative sentiment. It's a standard part of director compensation.

Future Outlook

The DSUs will be settled by issuance of common stock upon the director's death or separation from service.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a director's acquisition of deferred stock units, a common form of compensation for non-employee directors.

Stakeholder Impact

• The acquisition of DSUs by a director could be perceived positively by shareholders as it aligns the director's interests with the long-term performance of the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Deferred Stock Units, Director, Arrow Electronics, ARW, Kerin