Form 4: Arrow Electronics Director Gail Hamilton Reports Stock Transactions
SEC Form 4 Filing
Director Gail Hamilton reports the vesting and settlement of restricted stock units into common stock of Arrow Electronics.
Summary
- On May 17, 2024, Gail Hamilton, a director of Arrow Electronics, Inc., had restricted stock units vest and settle into common stock.
- A total of 1,519.64 shares of common stock were acquired at a price of $131.53 per share.
- These shares were acquired through the vesting of restricted stock units granted on May 17, 2023.
- Following the transaction, Hamilton directly owns 3,089.45 shares of Arrow Electronics common stock.
- The restricted stock units vested and were settled on a one-for-one basis.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.
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 minimal direct impact on stakeholders, as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date restricted stock units were granted. |
| 05/17/2024 | Date of transaction: Restricted stock units vested and settled into common stock. |
| 05/20/2024 | Date of Form 4 filing. |
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