February 21, 2024 · Form 4 insider transaction
Agrawal Rajesh K. bought 9,558 shares of Arrow Electronics, Inc. at $115.09 per share, a transaction worth $1.10M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
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.