Sean J. Kerins - Feb 12, 2025 Form 4 Insider Report for ARROW ELECTRONICS, INC. (ARW)

Signature
/s/ Nicholas De La Cruz, Attorney-in-Fact
Stock symbol
ARW
Transactions as of
Feb 12, 2025
Transactions value $
$673,714
Form type
4
Date filed
2/13/2025, 03:45 PM
Previous filing
Feb 12, 2025
Next filing
Feb 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARW Common Stock Award $770K +7.21K +6.51% $106.82 118K Feb 12, 2025 Direct F1
transaction ARW Common Stock Tax liability -$337K -3.15K -2.67% $106.82 115K Feb 12, 2025 Direct F2
transaction ARW Common Stock Award $428K +4.01K +3.49% $106.82 119K Feb 12, 2025 Direct F3
transaction ARW Common Stock Tax liability -$187K -1.75K -1.48% $106.82 117K Feb 12, 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Stock earned from the vesting and settlement of a Performance Stock Unit ("PSU") grant made on February 16, 2022, which grant was subject to a three-year performance period. The Company's PSUs settle, if earned over the related performance period, on a one-for-one basis in the Company's Common Stock.
F2 Represents shares withheld to satisfy tax withholding obligations upon the vesting of the above-described PSUs.
F3 Represents Common Stock earned from the vesting and settlement of a PSU grant made on June 1, 2022, in connection with Mr. Kerins' promotion from Chief Operating Officer to President and Chief Executive Officer, which grant was subject to the Company's 2022-2024 Performance Cycle established on February 16, 2022. The Company's PSUs settle, if earned over the related performance period, on a one-for-one basis in the Company's Common Stock.
F4 Represents shares withheld to satisfy tax withholding obligations upon the vesting of the above-described PSUs.