Form 4: Arrow Electronics Director Acquires Deferred Stock Units

Director Steven Henry Gunby acquired deferred stock units in Arrow Electronics, Inc. on August 15, 2024.

Summary

• On August 15, 2024, Steven Henry Gunby, a director of Arrow Electronics, Inc., acquired 211.78 deferred stock units (DSUs).
• The DSUs were issued under the Arrow Electronics, Inc. Non-Employee Directors Deferred Compensation Plan.
• These 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 deferred stock units was $129.85.
• Following the transaction, Gunby directly owns 7,672.06 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding a director's compensation. It doesn't contain information that would significantly impact sentiment.

Future Outlook

The deferred stock units 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 filing is a routine disclosure of a director's compensation in the form of deferred stock units, which is a common practice in corporate governance.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a change in beneficial ownership by a director.

Key Dates