Form 4: Arrow Electronics SVP, CLO & Secretary Sells Shares
SEC Form 4 Filing
Jean-Claude Carine Lamercie, SVP, CLO & Secretary of Arrow Electronics, sold 1,495 shares of common stock at $121 per share on March 5, 2024.
Summary
- On March 5, 2024, Jean-Claude Carine Lamercie, SVP, CLO & Secretary of Arrow Electronics, sold 1,495 shares of common stock.
- The shares were sold at a price of $121 per share.
- Following the transaction, Lamercie directly owns 15,271 shares of Arrow Electronics common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it's a relatively small transaction and unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction: Jean-Claude Carine Lamercie sold 1,495 shares of Arrow Electronics common stock. |
| 03/06/2024 | Date of signature on the SEC Form 4 filing. |
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