Form 4: Arrow Electronics Director Steven Henry Gunby Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Steven Henry Gunby reports acquisition of Deferred Stock Units (DSUs) convertible to common stock in a recent SEC Form 4 filing.
Summary
- On February 14, 2025, Steven Henry Gunby, a director of Arrow Electronics, Inc., acquired 252.02 Deferred Stock Units (DSUs).
- These DSUs were issued under the Arrow Electronics, Inc. Non-Employee Directors Deferred Compensation Plan.
- The DSUs will be settled by the issuance of Common Stock on a one-for-one basis following death or separation from service as a director.
- The price of the underlying common stock was $109.12.
- Following the transaction, Gunby directly owns 8,162.84 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard compensation practices, and does not indicate any particularly positive or negative sentiment.
Future Outlook
The Deferred Stock Units will be settled by the issuance of Common Stock on a one-for-one basis following death or separation from service as a director.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The acquisition of DSUs by a director signals continued alignment of interests between the director and shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of transaction: Acquisition of Deferred Stock Units |
| 02/18/2025 | Date of filing: SEC Form 4 filing date |
Keywords
Form 4, Director, Steven Henry Gunby, Arrow Electronics, ARW, Deferred Stock Units, DSUs, Beneficial Ownership, SEC Filing
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