Form 4: Arrow Electronics Executive Reports Stock Transactions Following PSU Vesting

Sentiment:

SEC Form 4 Filing


Yun Sung Cho, VP, Corp. Cont., & CAO of Arrow Electronics, reports acquiring 360 shares of common stock from vested Performance Stock Units (PSUs) and disposing of 123 shares to cover tax obligations.

Summary

  • On February 12, 2025, Yun Sung Cho, VP, Corp. Cont., & CAO of Arrow Electronics, acquired 360 shares of common stock at $106.82 per share due to the vesting of Performance Stock Units (PSUs).
  • On the same day, Cho disposed of 123 shares at $106.82 per share to satisfy tax withholding obligations related to the PSU vesting.
  • Following these transactions, Cho directly owns 2,323 shares of Arrow Electronics common stock.

Sentiment

Score: 5

Explanation: The document reflects routine stock transactions related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Positives

  • The vesting of PSUs indicates that performance goals were met over the three-year performance period.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and do not represent a significant change in the company's financial position.

Key Dates

DateDescription
February 16, 2022Date of the Performance Stock Unit (PSU) grant.
February 12, 2025Date of the stock acquisition and disposal due to PSU vesting and tax withholding.
February 13, 2025Date of signature for the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Arrow Electronics, PSU, Yun Sung Cho, Vesting, Tax Withholding

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