Arrow Electronics director awarded 967.94 RSUs
Kerin Andrew Charles reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Kerin Andrew Charles reported acquisition or exercise transactions in this Form 4 filing.
Arrow Electronics, Inc. director Andrew Charles Kerin received a grant of 967.94 shares of Common Stock in the form of Restricted Stock Units. After this award, his direct holdings increased to 14,490.48 shares of Common Stock.
The RSUs will vest on the earlier of May 12, 2027 or one day before the company’s 2027 annual shareholder meeting, subject to continued service. Vesting accelerates in the event of death, disability, or involuntary termination without cause following a change of control. Each RSU settles into one share of Arrow Electronics common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 967.94 | $0.00 | $0.00 |
Footnotes (1)
- F1. This award of Restricted Stock Units ("RSUs") will vest on the earlier of (a) May 12, 2027, or (b) one day prior to the company's 2027 annual shareholder meeting (subject to continued service), with immediate vesting in the event of death, disability, or involuntary termination without cause following a change of control. RSUs settle in Common Stock of the company on a one-for-one basis.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
change of control financial
involuntary termination without cause financial
FAQ
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What insider transaction did Arrow Electronics (ARW) report for Andrew Charles Kerin?
When do Andrew Charles Kerin’s new Arrow Electronics (ARW) RSUs vest?
How are the Arrow Electronics (ARW) RSUs settled for Andrew Charles Kerin?
Do Andrew Charles Kerin’s Arrow Electronics (ARW) RSUs have accelerated vesting protections?
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