Form 4: Arrow Electronics Director Carol P. Lowe Reports Acquisition of Deferred Stock Units

Director Carol P. Lowe reports acquisition of deferred stock units in Arrow Electronics, Inc.

Summary

• Carol P. Lowe, a director of Arrow Electronics, Inc., filed a Form 4 on August 19, 2024, reporting a transaction.
• On August 15, 2024, Lowe acquired 269.54 Deferred Stock Units (DSUs) 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 transaction was $129.85 per unit.
• Following the reported transaction, Lowe beneficially owns 2,696.22 shares of Common Stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction related to director compensation. It doesn't indicate any significant positive or negative outlook for the company.

Positives

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

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

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it reflects a director's continued investment in the company.

Key Dates