Form 4: Arrow Electronics Director Acquires Deferred Stock Units
SEC Form 4 Filing
Michael D. Hayford, a director at Arrow Electronics, acquired deferred stock units (DSUs) convertible to common stock, according to a recent SEC Form 4 filing.
Summary
- On February 14, 2025, Michael D. Hayford, 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 issuing Common Stock on a one-for-one basis following death or separation from service as a director.
- The price of the DSUs was $109.12.
- Following the transaction, Hayford directly owns 914.13 shares of Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a routine transaction by a company director. It doesn't indicate any significant positive or negative implications for the company's performance.
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
Form 4 filings are routine disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves deferred compensation for a director.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Michael D. Hayford acquired Deferred Stock Units. |
| 02/18/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Deferred Stock Units, DSUs, Director, Arrow Electronics, ARW, Hayford, Stock Acquisition
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