Form 4: Arrow Electronics Director Kerin Andrew Charles Reports Stock Transactions
SEC Form 4 Filing
Director Kerin Andrew Charles reports transactions involving Arrow Electronics common stock and restricted stock units.
Summary
- On May 17, 2024, Director Kerin Andrew Charles reported transactions related to Arrow Electronics, Inc.
- These transactions involved the disposition of 1,468.74 shares of common stock at a price of $130.705 per share.
- Additionally, 1,519.64 Restricted Stock Units vested and were settled by the issuance of 1,519.64 shares of common stock on May 17, 2024.
- The reporting person directly owns 0 shares of common stock following the reported transaction.
- Following the transaction, the reporting person directly owns 13,284.68 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as an indicator of management's confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date Restricted Stock Units were granted. |
| 05/17/2024 | Date of stock transactions and vesting of Restricted Stock Units. |
| 05/20/2024 | Date of report signature. |
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