Jean-Claude Carine Lamercie 4

What Happened

• Jean-Claude Lamercie, SVP, CLCO and Secretary of Arrow Electronics (ARW), had 1,709 shares issued on 2026-02-11 from the vesting/settlement of previously granted Performance Stock Units (PSUs). The award is reported as an acquisition at $0.00 (code A).
• To cover tax obligations, 782 shares and 484 shares were withheld (reported as dispositions under code F) at a reported per-share value of $157.81: 782 × $157.81 = $123,407 and 484 × $157.81 = $76,380, for total tax-withholding value of $199,787. Net shares retained from the vesting = 443 shares (1,709 − 1,266).

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely).
• Prices reported: award at $0.00 (award), withholding valued at $157.81 per share.
• Shares acquired (vested): 1,709; shares withheld/disposed for taxes: 782 and 484.
• Shares owned after transaction: not reported in this filing.
• Footnotes: F1 = shares earned from vested PSUs (the 1,709); F2 = shares withheld for PSU tax withholding; F3 = shares withheld for RSU tax withholding (applies to the 484 share withholding).
• Transaction codes: A = award/acquisition; F = payment of tax liability via share withholding (not an open-market sale).

Context

• This was a vesting/settlement of equity awards with shares withheld to satisfy withholding taxes (a common, routine “cashless” tax payment), not an open-market sale or a purchase signaling new personal investment. The filing shows the gross value of the vested shares (1,709 × $157.81 ≈ $269,697) and tax withholding of about $199,787.