Form 4: Arrow Electronics SVP, CFO Rajesh K. Agrawal Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Rajesh K. Agrawal, SVP and CFO of Arrow Electronics, disposed of 996 shares of common stock on February 14, 2025, to cover tax withholding obligations upon the vesting of Restricted Stock Units.
Summary
- On February 14, 2025, Rajesh K. Agrawal, the SVP and Chief Financial Officer of Arrow Electronics, Inc. disposed of 996 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units.
- The shares were disposed of at a price of $109.12 per share.
- Following the transaction, Agrawal directly owns 58,630 shares of Arrow Electronics common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transaction. |
| 02/18/2025 | Date of signature for the Form 4 filing. |
Keywords
Arrow Electronics, Rajesh K. Agrawal, Form 4, SEC Filing, Stock Disposal, Tax Withholding, Restricted Stock Units, ARW, Beneficial Ownership
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