Austen William F. 4
Research Summary
AI-generated summary
Arrow Electronics (ARW) Interim CEO William F. Austen Buys 3,960 Shares
What Happened
William F. Austen, Interim President & CEO and a director of Arrow Electronics (ARW), made an open-market purchase of 3,960 shares on 2026-02-19. The reported weighted-average price was $151.87 per share, for a total acquisition of approximately $601,408. This filing reports a purchase (P), which investors often view as a more informative signal than routine insider selling.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (timely filing).
- Transaction type: Purchase (open market/private purchase), code P.
- Shares acquired: 3,960 at a weighted-average price of $151.87; total value ≈ $601,408.
- Footnote: The $151.87 is a weighted average; individual trades ranged from $151.56 to $152.01. Full per-trade breakdown is available from the reporting person upon request.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No indication of a 10b5-1 plan, award, option exercise, gift, or tax-withholding in the provided details.
Context
This was a direct purchase of company stock by the interim CEO reported the next day, which is generally treated as a straightforward insider buy. The filing does not provide additional context (e.g., whether part of a scheduled plan), so conclusions about motivation should not be drawn from this record alone.