4/A: Arrow Electronics Executive Corrects Stock Sale Reporting Error
SEC Filing
An Arrow Electronics executive, Eric Nowak, amended a previous SEC filing to correct the number of shares sold on May 12, 2025.
Summary
- Eric Nowak, President, Global ECS of Arrow Electronics, filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares reported as sold on May 12, 2025, which was initially underreported due to an administrative error.
- Nowak sold 6,713 shares of common stock at a weighted average price of $122.24.
- The sales occurred in multiple transactions with prices ranging from $121.63 to $123.20.
- Following the reported transaction, Nowak beneficially owns 42,134 shares of Arrow Electronics common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a minor error, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its officers.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and potential investors.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of stock sale transaction. |
| 05/13/2025 | Date of original Form 4 filing. |
| 05/13/2025 | Date of amended Form 4/A filing. |
Keywords
Form 4, SEC, Arrow Electronics, Stock Sale, Amendment, Beneficial Ownership, Eric Nowak
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