Form 4: Arrow Electronics SVP, CLO & Secretary Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Jean-Claude Carine Lamercie, SVP, CLO & Secretary of Arrow Electronics, reports disposals of common stock to cover tax withholding obligations upon vesting of Restricted Stock Units.
Summary
- On February 14, 2025, Jean-Claude Carine Lamercie, SVP, CLO & Secretary of Arrow Electronics, disposed of 375, 300, and 72 shares of common stock at a price of $109.12 per share.
- These disposals were to satisfy tax withholding obligations upon the vesting of Restricted Stock Units.
- Following these transactions, Lamercie beneficially owns 20,122 shares of Arrow Electronics common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to routine tax-related stock disposals, which are a normal part of executive compensation.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the transactions of company executives and directors. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock disposal transactions. |
| 02/18/2025 | Date of signature on the report. |
Keywords
Form 4, Arrow Electronics, ARW, Jean-Claude Carine Lamercie, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership, SVP, CLO, Secretary
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