[Form 4] Arrow Electronics, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Manhattan Associates Inc. (MANH) – Form 4 insider filing

EVP of Professional Services, James Stewart Gantt, reported the acquisition of 2,808 shares of MANH common stock on 07/30/2025. The transaction code “A” designates an equity award rather than an open-market purchase; footnotes clarify the shares are restricted stock units (RSUs) granted under the company’s incentive plan that vest 25% each January 31 following the grant date until fully vested.

Following the award, Gantt’s direct beneficial ownership rises to 51,468 shares. No derivative securities were reported, and the filing contains no sales or dispositions. The RSU grant price is recorded as $0.0000, consistent with equity compensation awards.

• Form type: 4 (Statement of Changes in Beneficial Ownership)
• Insider role: EVP, Professional Services
• Net change: +2,808 shares (100% acquired)
• New total holdings: 51,468 shares

Positive

• EVP James Stewart Gantt acquired 2,808 RSUs, lifting direct holdings to 51,468 shares and modestly increasing insider alignment.

Negative

• None.

Insights

Financial Analyst

TL;DR – Minor positive signal; routine RSU grant increases insider ownership.

The filing shows a standard annual equity award, not an open-market buy, so cash outlay is zero. Nevertheless, insider ownership inches higher, reinforcing management-shareholder alignment. Size is modest (<0.1 % of MANH’s ~63 m shares outstanding), so market impact should be immaterial. No red flags such as concurrent sales or derivative hedges appear. I classify the disclosure as neutral-to-slightly-positive for sentiment, but not impactful to valuation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kerins Sean J

(Last) (First) (Middle)

C/O ARROW ELECTRONICS, INC.

9151 EAST PANORAMA CIRCLE

(Street)

CENTENNIAL CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ARROW ELECTRONICS, INC. [ ARW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/01/2025	08/01/2025	P		8,630	A	$114.9123(1)	122,408	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging in price from $114.67 to $115.17, inclusive. Full information regarding the number of shares purchased at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.

	/s/ Stacey Metcalfe, Attorney-in-Fact	08/04/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many MANH shares did EVP James Stewart Gantt acquire?

He received 2,808 restricted stock units on 07/30/2025.

Did the insider buy shares on the open market?

No. The Form 4 indicates a code "A" RSU equity award at $0.0000 per share, not a purchase.

What is the executive's total MANH ownership after the transaction?

Gantt now directly owns 51,468 common shares.

When will the granted RSUs vest?

The RSUs vest 25% each January 31 following the grant until fully vested.

Is there any sale or disposition reported in this Form 4?

No sales or derivative dispositions are disclosed; only an acquisition is reported.