Marano Richard John 4

What Happened

Richard John Marano, President, Global Components at Arrow Electronics (ARW), had 548 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). The shares were valued at $157.03 each, totaling approximately $86,052 (548 x $157.03). This was a withholding disposition (code F), not an open‑market sale or purchase.

Key Details

• Transaction date: 2026-02-20
• Price: $157.03 per share; total value ≈ $86,052
• Transaction type/code: F — shares withheld for tax withholding on RSU vesting
• Footnote: F1 — Represents shares withheld to satisfy tax withholding obligations upon vesting of Restricted Stock Units.
• Filing date: 2026-02-23 (reported on Form 4) — appears timely per standard Form 4 reporting rules.
• Shares owned after transaction: Not specified in this Form 4.

Context

Share withholding to cover taxes is a routine administrative disposition tied to RSU vesting and typically does not signal an insider's view on the company's stock direction the way open‑market purchases or sales might. This was not a sale into the market; it reduced the insider’s issued shares to satisfy tax obligations.