Form 4: Director William F. Austen Executes Stock Transaction at Arrow Electronics
SEC Form 4 Filing
William F. Austen, a director at Arrow Electronics, executed a transaction involving restricted stock units, resulting in the acquisition of common stock.
Summary
- On May 16, 2024, William F. Austen, a director of Arrow Electronics, engaged in a transaction involving the settlement of restricted stock units.
- The transaction involved the conversion of 1,468.74 restricted stock units into an equal number of shares of Arrow Electronics common stock at a price of $129.77 per share.
- Following the transaction, Austen directly owns 4,438.62 shares of Arrow Electronics common stock and 2,976.11 restricted stock units.
- The restricted stock units were granted and vested on May 16, 2023, and settled on a one-for-one basis for common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company directors.
Key Dates
| Date | Description |
|---|---|
| 05/16/2023 | Restricted Stock Units granted and vested |
| 05/16/2024 | Transaction Date: Settlement of Restricted Stock Units |
| 05/17/2024 | Date of Form 4 signature |
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