Form 4: Arrow Electronics Director Gail Hamilton Reports Stock Transactions
SEC Form 4 Filing
Director Gail Hamilton reports the settlement of Restricted Stock Units into Common Stock on May 16, 2024.
Summary
- On May 16, 2024, Gail Hamilton, a director of Arrow Electronics, Inc., settled 1,468.74 Restricted Stock Units (RSUs) which converted into an equal number of shares of Common Stock.
- The transaction was executed at a price of $129.77 per share.
- Following the transaction, Hamilton directly owns 1,569.81 shares of Arrow Electronics Common Stock and 23,626.37 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company directors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the conversion of existing equity compensation into common stock.
Key Dates
| Date | Description |
|---|---|
| 05/16/2023 | Date of grant and vesting of Restricted Stock Units that were settled on May 16, 2024. |
| 05/16/2024 | Date of transaction: Settlement of Restricted Stock Units into Common Stock. |
| 05/17/2024 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.