Form 4: Arrow Electronics Director Austen William F. Reports Stock Transactions

Director Austen William F. reported the vesting and settlement of restricted stock units into common stock on May 17, 2024.

Summary

• On May 17, 2024, Austen William F., a director of Arrow Electronics, Inc., reported a transaction involving restricted stock units.
• The transaction involved the vesting and settlement of 1,519.64 restricted stock units, which converted into an equal number of common stock shares.
• The price per share at the time of the transaction was $131.53.
• Following the reported transaction, Austen William F. directly owns 5,958.26 shares of Arrow Electronics common stock and 1,456.47 restricted stock units.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves the issuance of new shares, potentially diluting existing holdings slightly.

Key Dates