Form 4: Arrow Electronics Director Reports Stock Transactions
SEC Form 4
Director Andrew Charles Kerin reports acquisition and disposal of Arrow Electronics stock units.
Summary
- Andrew Charles Kerin, a director of Arrow Electronics, reported transactions involving restricted stock units.
- On May 7, 2025, 1,456.47 restricted stock units were converted into common stock at a price of $0 per share.
- Also on May 6, 2025, 1,694.33 restricted stock units were acquired at a price of $115.09.
- Following these transactions, Kerin directly owns 14,979.01 derivative securities and 1,456.47 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
Restricted Stock Units are scheduled to vest on the earlier of May 6, 2026, or one day prior to the company's 2026 annual shareholder meeting, subject to continued service, with immediate vesting in certain events.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date Restricted Stock Units were granted. |
| 05/06/2025 | Date of acquisition of Restricted Stock Units. |
| 05/07/2025 | Date of conversion of Restricted Stock Units to Common Stock. |
| 05/07/2025 | Date of filing. |
| 05/06/2026 | Scheduled vesting date of Restricted Stock Units. |
Keywords
Arrow Electronics, Director, Stock Transactions, Restricted Stock Units, Form 4, Beneficial Ownership
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