Kristin Diana Russell - 21 Feb 2024 Form 4 Insider Report for ARROW ELECTRONICS, INC. (ARW)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
23 Feb 2024, 16:45:11 UTC
Prior SEC filing
20 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Lauren Stigall, Attorney-in-Fact

Key filing fact

Kristin Diana Russell filed Form 4 for ARROW ELECTRONICS, INC. (ARW) on 23 Feb 2024.

Key facts

  • This page summarizes Kristin Diana Russell's Form 4 filing for ARROW ELECTRONICS, INC. (ARW).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 23 Feb 2024, 16:45.

Change

  • Previous filing in this sequence was filed on 20 Feb 2024.
  • Current net transaction value: +$1,079,060.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ARW transaction

Common Stock

Award

Transaction value
$650,028
Shares
+5,648
Change %
+45%
Price
$115.09
Shares after
18,338
Date
21 Feb 2024
Ownership
Direct
Footnotes
F1
ARW transaction

Common Stock

Award

Transaction value
$762,878
Shares
+6,572
Change %
+36%
Price
$116.08
Shares after
24,910
Date
22 Feb 2024
Ownership
Direct
Footnotes
F2
ARW transaction

Common Stock

Tax liability

Transaction value
$333,846
Shares
-2,876
Change %
-12%
Price
$116.08
Shares after
22,034
Date
22 Feb 2024
Ownership
Direct
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This award of restricted stock units ("RSUs") is contingent upon the Company achieving a net income, as adjusted, of greater than zero in the fiscal year of the grant. As a result, it is subject to forfeiture if the Company does not meet that net income amount. The award will vest in four (4) equal installments, starting on February 21, 2025, and each anniversary thereof. RSUs settle in Common Stock of the Company on a one-for-one basis.

Footnote F2

Represents Common Stock earned from the vesting and settlement of a performance stock unit ("PSU") grant made on February 17, 2021, 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.

Footnote F3

Represents shares withheld to satisfy tax withholding obligations upon the vesting of the above-described PSUs.

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