Form 4: Arrow Electronics Executive Acquires Shares Under Restricted Stock Unit Award

Richard John Marano, President of Global Components at Arrow Electronics, acquired 9,293 shares of common stock at $107.61 per share on February 11, 2025, under a Restricted Stock Unit (RSU) award.

Summary

• Richard John Marano, President, Global Components at Arrow Electronics, acquired 9,293 shares of common stock on February 11, 2025.
• The acquisition was part of a Restricted Stock Unit (RSU) award.
• The price per share was $107.61.
• Following the transaction, Marano directly owns 21,401 shares of Arrow Electronics.
• The RSU award is contingent upon Arrow Electronics achieving a net income, as adjusted, greater than zero in the fiscal year of the grant.
• The award will vest in four equal installments, starting on February 11, 2026, and each anniversary thereafter.
• RSUs settle in Common Stock of the Company on a one-for-one basis.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to executive compensation. The vesting conditions add a slightly positive element as they are tied to company performance.

Positives

• The RSU award aligns executive compensation with company performance, specifically net income.

Risks

• The RSU award is subject to forfeiture if Arrow Electronics does not achieve a net income, as adjusted, greater than zero in the fiscal year of the grant.

Future Outlook

The RSU award will vest in four equal installments, starting on February 11, 2026, and each anniversary thereafter, contingent on the company achieving a net income, as adjusted, greater than zero in the fiscal year of the grant.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's confidence in the company's future prospects.

Stakeholder Impact

• The acquisition of shares by a key executive could be viewed positively by shareholders, indicating confidence in the company's future.

Key Dates

Keywords

Arrow Electronics, Richard John Marano, Restricted Stock Units, RSU, Stock Acquisition, Beneficial Ownership, Form 4, Securities