Arrow Electronics (ARW) director receives 967.94 RSUs with 2027-based vesting
Rhea-AI Filing Summary
Hayford Michael D reported acquisition or exercise transactions in this Form 4 filing.
Arrow Electronics director Michael D. Hayford received an equity award of 967.94 Restricted Stock Units (RSUs) on the company’s common stock. These RSUs vest on the earlier of May 12, 2027 or one day before the 2027 annual shareholder meeting, subject to continued service, with accelerated vesting upon death, disability, or involuntary termination without cause following a change of control.
After this grant, Hayford beneficially owns 4,118.74 RSUs and shares in total, including 3,150.80 RSUs previously reported as derivative securities and now reported together in the non-derivative holdings table. Each RSU will settle into one share of Arrow Electronics common stock upon vesting.
Positive
- None.
Negative
- None.
Insights
Routine director RSU grant increases equity-based compensation with deferred vesting.
Director Michael D. Hayford received 967.94 RSUs that vest in 2027 or just before the 2027 shareholder meeting, contingent on continued service. This is a stock-based compensation award rather than a market purchase or sale, with a grant price of $0.00 per unit.
The award includes standard protections such as immediate vesting upon death, disability, or certain terminations after a change of control. Following this grant, Hayford holds 4,118.74 RSUs and shares, reflecting a modest, routine alignment of director pay with shareholder value rather than a trading signal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 967.94 | $0.00 | -- |
Footnotes (1)
- 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. The Reporting Person previously reported RSUs in Table II of Form 4. Starting with this Form 4, the Reporting Person is reporting RSUs in Table I. Accordingly, the total amount of securities beneficially owned as reported in Column 5 includes the 967.94 RSUs awarded on May 12, 2026, and the 3,150.80 RSUs previously reported in Table II.