February 12, 2025 · Form 4 insider transaction
Kerins Sean J bought 4,006 shares of Arrow Electronics, Inc. at $106.82 per share, a transaction worth $427.9K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Represents Common Stock earned from the vesting and settlement of a PSU grant made on June 1, 2022, in connection with Mr. Kerins' promotion from Chief Operating Officer to President and Chief Executive Officer, which grant was subject to the Company's 2022-2024 Performance Cycle established on February 16, 2022. The Company's PSUs settle, if earned over the related performance period, on a one-for-one basis in the Company's Common Stock.