Marano Richard John 4

What Happened
Richard John Marano, President, Global Components at Arrow Electronics (ARW), sold 2,500 shares in an open-market transaction on February 17, 2026 at $155.32 per share, for total proceeds of $388,300. The sale was reported on a Form 4 filed February 18, 2026. This transaction is a sale (code S) — sales by insiders are often routine liquidity events and do not by themselves indicate a change in company outlook.

Key Details

• Transaction date: 2026-02-17
• Price and proceeds: 2,500 shares at $155.32 each; total $388,300
• Transaction type/code: Sale (open market or private sale), code S
• Shares owned after transaction: Not specified in the provided filing
• Footnote: F1 — the shares were sold in multiple transactions, each at $155.32; the reporting person will provide a breakdown on request to the SEC staff, the issuer, or a security holder
• Filing timeliness: Form 4 filed 2026-02-18 (one day after the trade), which appears timely under standard Form 4 reporting rules

Context
No options exercise, awards, gifts, or tax-withholding actions are reported in this filing. Treat this sale as one data point — consider it alongside other insider transactions and company news before drawing conclusions.