Arrow Electronics (ARW) director granted 967.94 RSUs in equity compensation
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
SMITH GERRY P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 967.94 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,534.34 shares (Direct, null)
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 8,566.40 RSUs previously reported in Table II.
Key Figures
RSU grant size: 967.94 RSUs
Grant price per unit: $0.0000 per share
Total beneficial holdings: 9,534.34 securities
+2 more
5 metrics
RSU grant size
967.94 RSUs
Awarded on May 12, 2026 as equity compensation
Grant price per unit
$0.0000 per share
Compensation award, not open-market purchase
Total beneficial holdings
9,534.34 securities
Includes new 967.94 RSUs and 8,566.40 prior RSUs
Previously reported RSUs
8,566.40 RSUs
Earlier RSUs moved from Table II to Table I reporting
RSU vesting date
May 12, 2027
Or one day before the 2027 annual shareholder meeting
Key Terms
Restricted Stock Units ("RSUs"), change of control, beneficially owned
3 terms
Restricted Stock Units ("RSUs") financial
"This award of Restricted Stock Units ("RSUs") will vest on the earlier of"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change of control financial
"involuntary termination without cause following a change of control. RSUs settle"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
beneficially owned financial
"the total amount of securities beneficially owned as reported in Column 5 includes"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did ARROW ELECTRONICS (ARW) director Gerry P. Smith report?
Gerry P. Smith reported receiving a grant of 967.94 Restricted Stock Units (RSUs) in Arrow Electronics Common Stock. This is a compensation award, not an open-market share purchase, and increases his total beneficial holdings reported in the filing.
When do Gerry P. Smith’s new ARW RSUs vest?
The 967.94 RSUs will vest on the earlier of May 12, 2027, or one day prior to Arrow Electronics’ 2027 annual shareholder meeting, subject to continued service on the board for the entire vesting period described.
Are there accelerated vesting conditions for Gerry P. Smith’s ARW RSU grant?
Yes. The RSUs will vest immediately if Smith dies, becomes disabled, or is involuntarily terminated without cause following a change of control. These conditions allow full vesting without waiting for the normal vesting date.
How many Arrow Electronics (ARW) securities does Gerry P. Smith now beneficially own?
After this award, Smith beneficially owns 9,534.34 Arrow-related securities. This total includes the new 967.94 RSUs granted on May 12, 2026, plus 8,566.40 RSUs that were previously reported in Table II of earlier Form 4 filings.
How do the new ARW RSUs settle for Gerry P. Smith?
Each Restricted Stock Unit will settle into one share of Arrow Electronics Common Stock on a one-for-one basis. Settlement occurs when the RSUs vest under the standard schedule or upon any qualifying accelerated vesting event specified in the award terms.