Form 4: Arrow Electronics Executive Sells Shares to Cover Tax Obligations

Richard John Marano, President of Global Components at Arrow Electronics, sold 578 shares of common stock on February 21, 2025, to cover tax obligations arising from the vesting of restricted stock units.

Summary

• On February 21, 2025, Richard John Marano, President, Global Components of Arrow Electronics, Inc., disposed of 578 shares of common stock.
• The shares were sold at a price of $111.35 per share.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Marano directly owns 20,989 shares of Arrow Electronics, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock sale for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This sale appears to be related to tax obligations, which is a common occurrence.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

Form 4, Arrow Electronics, Richard Marano, Stock Sale, Tax Obligations, Restricted Stock Units, ARW