Arrow Electronics (ARW) director granted 967.94 RSUs in equity compensation
Rhea-AI Filing Summary
SMITH GERRY P reported acquisition or exercise transactions in this Form 4 filing.
Arrow Electronics director Gerry P. Smith received a grant of 967.94 Restricted Stock Units (RSUs) on Common Stock as compensation, not through an open-market purchase. The award vests on the earlier of May 12, 2027, or one day before the company’s 2027 annual shareholder meeting, subject to continued service.
The RSUs vest immediately upon death, disability, or involuntary termination without cause following a change of control. Each RSU will settle into one share of Arrow Electronics Common Stock. After including this grant and 8,566.40 previously reported RSUs, Smith beneficially owns a total of 9,534.34 RSUs and shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 967.94 | $0.00 | $0.00 |
Footnotes (2)
- 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.
- F2. 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 8,566.40 RSUs previously reported in Table II.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
change of control financial
beneficially owned financial
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