Form 4: Arrow Electronics Director Sells Shares in Recent Transaction
SEC Form 4
Gail Hamilton, a director at Arrow Electronics, recently sold 2,987 shares of common stock at a price of $132.59 per share.
Summary
- On May 20, 2024, Gail Hamilton, a director of Arrow Electronics, Inc., sold 2,987 shares of the company's common stock.
- The sale price was $132.59 per share.
- Following the transaction, Ms. Hamilton directly owns 102.45 shares of Arrow Electronics common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. The sale of shares by a director doesn't inherently indicate positive or negative sentiment without additional context.
Industry Context
Form 4 filings are a routine part of insider trading activity and are used by the SEC to monitor potential illegal activity. The sale of shares by a director could be for a variety of reasons and does not necessarily indicate a negative outlook for the company.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Date of the transaction (sale of shares). |
| 05/21/2024 | Date of signature by Attorney-in-Fact. |
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.