Nowak Eric 4

What Happened
Eric Nowak, President, Global ECS of Arrow Electronics (ARW), received 1,407 shares on 2026-02-11. The shares were issued on the vesting and settlement of previously granted Performance Stock Units (PSUs); the Form 4 reports the acquisition price as $0.00 (award/settlement), meaning no cash was paid by the insider.

Key Details

• Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13).
• Transaction type/code: Award/Grant (A) — vesting/settlement of PSUs (Footnote F1).
• Shares acquired: 1,407 shares; reported acquisition price: $0.00.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 was filed two days after the transaction (appears timely under standard Form 4 rules).
• Footnote: F1 states these shares were earned from the vesting and settlement of previously granted PSUs.

Context
Vested PSU awards are a form of compensation and are routine for executives; they reflect previously granted long-term incentives rather than an open-market purchase or sale. Such awards align executive pay with company performance but do not, by themselves, indicate insider buying or selling sentiment.