Marano Richard John bought ARW
February 21, 2024 · Form 4 insider transaction
Marano Richard John bought 5,214 shares of Arrow Electronics, Inc. at $115.09 per share, a transaction worth $600.1K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Acquired (buy-side)
Shares
5,214
Price
$115.09
Total value
$600.1K
InsiderMarano Richard John
Role—
SecurityCommon Stock
Transaction codeA: Grant or award
Transaction dateFebruary 21, 2024
Filing dateFebruary 23, 2024
Shares owned after12,178
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
This award of restricted stock units ("RSUs") is contingent upon the Company achieving a net income, as adjusted, of greater than zero in the fiscal year of the grant. As a result, it is subject to forfeiture if the Company does not meet that net income amount. The award will vest in four (4) equal installments, starting on February 21, 2025, and each anniversary thereof. RSUs settle in Common Stock of the Company on a one-for-one basis.