Brewbaker Brandon Michael 4

What Happened
Brandon Michael Brewbaker, Vice President, CAO & CFP&A of Arrow Electronics (ARW), had 302 shares issued on vesting of previously granted Performance Stock Units (PSUs) on 2026-02-11 (reported 2026-02-13). To satisfy tax-withholding obligations, 149 shares (disposed) and 86 shares (disposed) were withheld at $157.81 per share, totaling approximately $23,514 and $13,572 respectively (combined ~$37,086). After withholding, 67 shares remained from this vesting event. The award itself was recorded as an acquisition (grant/settlement); the subsequent share disposals were tax withholdings (routine).

Key Details

• Transaction date(s): 2026-02-11; Form 4 filed 2026-02-13 (timely).
• Transaction types and codes: A = Award/Grant (302 shares acquired); F = Tax withholding (149 and 86 shares disposed).
• Prices and values: withheld shares priced at $157.81 each; 149 shares ≈ $23,514, 86 shares ≈ $13,572; total withheld ≈ $37,086. Implied market value of the 302 vested shares at that price ≈ $47,659; net retained from the vesting = 67 shares (≈ $10,573 at $157.81).
• Shares retained from this vesting: 67. (Total ARW shares owned after this transaction not provided in the filing excerpt.)
• Footnotes: F1 = shares earned from vesting/settlement of PSUs; F2 = shares withheld to satisfy PSU tax withholding; F3 = shares withheld for RSU tax withholding (listed in filing footnotes).

Context
This was a vesting/settlement of PSUs followed by routine tax-withholding disposals—not an open-market sale for investment reasons. Withholdings to cover taxes are common and don't necessarily signal insider market sentiment.