Form 4: Arrow Electronics Director Acquires Restricted Stock Units

Gerry P. Smith, a director of Arrow Electronics, acquired restricted stock units convertible to common stock on May 6, 2025.

Summary

• Gerry P. Smith, a director at Arrow Electronics, acquired 1,694.33 Restricted Stock Units (RSUs) on May 6, 2025.
• These RSUs will vest on the earlier of May 6, 2026, or one day before the company's 2026 annual shareholder meeting, contingent upon continued service.
• Vesting will occur immediately in the event of death, disability, or involuntary termination without cause following a change of control.
• The RSUs are convertible to common stock on a one-for-one basis and will settle upon Mr. Smith's separation from service on the Board of Directors.
• Following the transaction, Mr. Smith beneficially owns 8,566.4 derivative securities.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing indicating insider transactions. The acquisition of RSUs can be seen as a positive sign, but it's not a major event.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The RSUs are scheduled to vest on the earlier of May 6, 2026, or one day prior to the company's 2026 annual shareholder meeting, subject to continued service. Mr. Smith has elected for these Restricted Stock Units to settle upon separation from service on the Board of Directors.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of restricted stock units, a common form of executive compensation.

Stakeholder Impact

• The acquisition of RSUs by a director may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Restricted Stock Units, Director, Form 4, Arrow Electronics, ARW, Beneficial Ownership