Zech Gretchen 4

What Happened
Gretchen Zech, Senior VP and Chief Governance, Sustainability & HR Officer at Arrow Electronics (ARW), had 3,016 shares issued on 2026-02-11 upon vesting/settlement of performance stock units (PSUs) (transaction code A). To satisfy tax-withholding obligations related to those vested awards, 1,341 shares and 865 shares were withheld/disposed (transaction code F) at a reported withholding price of $157.81 per share — proceeds of about $211,623 and $136,506 respectively (total ≈ $348,129). The award was reported as acquired at $0.00 per the Form 4 (grant/settlement).

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (appears timely).
• Awarded/settled: 3,016 shares (PSU vesting; reported acquisition price $0.00). Market value at $157.81/share ≈ $475,955.
• Withheld to cover taxes: 1,341 shares @ $157.81 = $211,623; 865 shares @ $157.81 = $136,506; total withheld = 2,206 shares, proceeds ≈ $348,129.
• Footnotes from the filing: F1 = shares earned from vesting/settlement of PSUs; F2 = shares withheld for PSU tax withholding; F3 = shares withheld for RSU tax withholding.
• Shares owned after the transaction were not provided in the excerpt.

Context
This was a routine vesting/settlement of equity compensation with share-withholding to cover taxes (a "sell-to-cover" style action), not an open-market sale that signals a discretionary divestment. Transaction codes: A = award/grant/settlement; F = payment of exercise price or tax liability (here used for withholding). Such tax-withholdings are common when PSUs/RSUs vest and do not by themselves indicate the insider's market view.