Brewbaker Brandon Michael 4

What Happened

• Brandon Michael Brewbaker, VP, CAO, & CFP&A of Arrow Electronics (ARW), had 79 shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units. The withholding was executed at an average price of $157.03 per share, totaling approximately $12,405.
• This was a tax-withholding transaction (code F) — not an open-market sale or purchase — and is a routine administrative action tied to RSU vesting.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-23.
• Price per share: $157.03; shares withheld: 79; implied value: ~$12,405.
• Shares owned after transaction: not reported in this filing.
• Footnote: F1 — shares were withheld to satisfy tax withholding on RSU vesting.
• Filing timeliness: Filed within the required Form 4 window (not reported as late).

Context

• Tax-withholding on vested RSUs is a common, non-dispositive action: the company retains (or cancels) shares to cover required taxes rather than the insider selling shares on the open market.
• Such transactions typically do not signal insider sentiment about the company's outlook; they reflect compensation tax mechanics rather than investment decisions.