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

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

Summary

• Carol P. Lowe, a director of Arrow Electronics, Inc., filed a Form 4 on May 17, 2024, reporting a transaction on May 15, 2024.
• The transaction involved the acquisition of 269.27 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 DSUs was $129.98, resulting in a total of 2,426.68 DSUs beneficially owned following the reported transaction.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing related to director compensation. The acquisition of DSUs is a positive sign, but it's not a major event.

Positives

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

Future Outlook

The DSUs will be settled by issuance of Common Stock upon 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 participation in a deferred compensation plan, which is a common practice among publicly traded companies.

Stakeholder Impact

• The acquisition of DSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the long-term performance of the company.

Key Dates