MCDOWELL MARY T 4

What Happened

• Mary T. McDowell, a director of Arrow Electronics (ARW), had 1,694.33 restricted stock units (RSUs) vest and convert into 1,694.33 shares of common stock on May 6, 2026. The SEC Form 4 records an acquisition of 1,694.33 shares at $0.00 and a matching disposition of 1,694.33 derivative units (transaction code M = exercise/conversion of a derivative).
• There was no exercise price or cash payment required; the RSUs settled on a one-for-one basis into common stock per the filing footnote.

Key Details

• Transaction date: May 6, 2026; Form 4 filed: May 8, 2026 (filed within the standard two-business-day window).
• Reported entries: Acquired 1,694.33 shares @ $0.00; Disposed 1,694.33 derivative units @ $0.00 (conversion).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: These were RSUs granted May 6, 2025, that vested and were settled May 6, 2026 by issuing common stock 1-for-1.
• Transaction code M indicates exercise or conversion of a derivative security (here, RSU conversion). No 10b5-1 plan or tax-withholding details were disclosed in this filing.

Context

• This is a vesting/settlement event (RSUs converting to shares), not an open-market buy or sale. No cash changed hands and it does not necessarily indicate either a personal purchase (bullish signal) or a sale (liquidation).
• For retail investors, RSU vesting is common for compensation and governance alignment; it's routine rather than an explicit trading decision by the insider.