Form 4: Arrow Electronics Executive Richard Marano Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Richard Marano, President of Global Components at Arrow Electronics, disposed of shares to satisfy tax withholding obligations upon the vesting of Restricted Stock Units.
Summary
- On February 14, 2025, Richard John Marano, President, Global Components of Arrow Electronics, Inc., disposed of common stock to cover tax obligations.
- A total of 768 shares were disposed of at a price of $109.12 per share.
- Following the transaction, Marano directly owns 21,567 shares of Arrow Electronics common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. An executive sold shares to cover taxes, which is a normal occurrence.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates that an executive disposed of shares to cover tax obligations, which is a common practice.
Stakeholder Impact
- The disposal of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transaction |
| 02/18/2025 | Date of signature for the Form 4 filing |
Keywords
Form 4, Arrow Electronics, Richard Marano, Stock Disposal, Tax Obligations, Insider Trading
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