Form 4: Arrow Electronics Director Acquires RSUs

Arrow Electronics Director Steven Henry Gunby acquired 1,712.5 Restricted Stock Units (RSUs) on May 12, 2026, as part of his compensation.

Summary

• Steven Henry Gunby, a Director at Arrow Electronics, Inc., acquired 1,712.5 Restricted Stock Units (RSUs) on May 12, 2026.
• These RSUs are valued at $0 as they represent an award, not a purchase.
• The RSUs will vest on May 12, 2027, or one day prior to the company's 2027 annual shareholder meeting, whichever comes first, provided service continues.
• Immediate vesting is stipulated in cases of death, disability, or involuntary termination without cause following a change of control.
• The RSUs settle into Common Stock on a one-for-one basis.
• Following this transaction, Gunby beneficially owns 20,676.18 shares of common stock, which includes these newly awarded RSUs and previously reported RSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard director equity award and does not contain significant financial performance updates or strategic shifts.

Positives

• Director compensation through equity awards like RSUs can align management interests with shareholder value.
• The vesting schedule provides an incentive for continued service and performance.
• Provisions for immediate vesting in specific circumstances (death, disability, change of control) offer security to the director.

Negatives

• The RSUs were awarded with a transaction price of $0, indicating they are part of a compensation package rather than an open market purchase.
• The total beneficial ownership is relatively small in the context of a large publicly traded company, suggesting this is a standard director award.

Risks

• The value of the RSUs is subject to the future performance of Arrow Electronics' stock price.
• Continued service is a condition for vesting, meaning any departure before the vesting date could result in forfeiture of the award.

Future Outlook

The RSUs are set to vest on May 12, 2027, or one day prior to the company's 2027 annual shareholder meeting, subject to continued service. Immediate vesting is triggered by death, disability, or involuntary termination without cause following a change of control.

Industry Context

StockSavvy.ai notes that the issuance of Restricted Stock Units (RSUs) to directors is a common practice in the technology and electronics distribution industry to attract, retain, and incentivize key leadership, aligning their financial interests with long-term company performance.

Stakeholder Impact

• Shareholders: The award aligns director interests with long-term shareholder value, but the immediate impact on share price is negligible as it's a compensation event.
• Employees: This filing does not directly impact employees, but it reflects the company's compensation philosophy for its board.
• Management: The director receives an equity award as part of their compensation, incentivizing continued service and performance.

Next Steps

• Vesting of RSUs on May 12, 2027, or prior to the 2027 annual shareholder meeting.
• Settlement of RSUs into Arrow Electronics Common Stock upon vesting.

Key Dates

Keywords

Arrow Electronics, Form 4, SEC Filing, Director Compensation, Restricted Stock Units, RSUs, Beneficial Ownership, Equity Award, Steven Henry Gunby, ARW