Agrawal Rajesh K. 4

What Happened

• Rajesh K. Agrawal, Chief Financial Officer of Arrow Electronics, had previously granted performance stock units (PSUs) vest and settle. The filing shows an award of 4,423 shares (recorded at $0.00 acquisition price for the award).
• To cover tax obligations, 1,955 shares were withheld at $157.81/share (value $308,519) related to PSU vesting, and 1,107 shares were withheld at $157.81/share (value $174,696) related to restricted stock unit (RSU) vesting. The combined withheld value is $483,215. Using the $157.81/share price, the gross value of the 4,423 PSU shares is about $698,000.
• This was an award/settlement event (not an open-market purchase or sale) and reflects routine tax withholding on vested equity.

Key Details

• Transaction date: February 11, 2026; Form 4 filed February 13, 2026 (filed within the typical two-business-day window).
• Reported prices: $0.00 per share for the award (A); $157.81 per share used for withholding calculations (F).
• Shares acquired: 4,423 shares from PSU settlement. Shares withheld (disposed) for taxes: 1,955 shares (PSU withholding) and 1,107 shares (RSU withholding), total 3,062 shares.
• Monetary amounts withheld: $308,519 (PSU tax withholding) and $174,696 (RSU tax withholding); total $483,215.
• Shares owned after the transaction: not disclosed in the filing.
• Footnotes: F1 = shares earned from PSU vesting/settlement; F2 = shares withheld for PSU tax withholding; F3 = shares withheld for RSU tax withholding.

Context

• This was a vesting/settlement of equity awards with net share withholding to satisfy taxes (common practice). The award itself is not a market purchase (not necessarily a bullish signal) and withheld shares are used to meet tax obligations rather than sold on the open market by the insider.
• Transaction codes: A = award/grant (acquisition via vesting); F = shares withheld/used to pay tax liabilities.