Form 4: Arrow Electronics Executive Sells Shares on February 28, 2024

Richard John Marano, President of Global Components at Arrow Electronics, sold 1,900 shares of common stock at an average price of $116.46 on February 28, 2024.

Summary

• On February 28, 2024, Richard John Marano, the President of Global Components at Arrow Electronics, sold 1,900 shares of Arrow Electronics common stock.
• The sale was executed at a weighted average price of $116.46 per share.
• The price range for the multiple transactions was between $116.40 and $116.53.
• Following the transaction, Marano directly owns 12,108 shares of Arrow Electronics common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. It is important to monitor these filings to understand the sentiment of company insiders.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates