Hayford Michael D 4

What Happened Michael D. Hayford, a director of Arrow Electronics, was granted 967.94 restricted stock units (RSUs) on May 12, 2026. The award was granted at $0.00 per share (standard for RSU grants), so the transaction value is $0 in cash; the RSUs settle one-for-one into Arrow common stock upon vesting.

Key Details

• Transaction date: May 12, 2026; Form 4 filed May 14, 2026 (timely filing).
• Grant type/code: A (award/grant of RSUs); price per share reported $0.00.
• Shares involved: 967.94 RSUs granted on May 12, 2026.
• Shares owned after transaction: 4,118.74 RSUs beneficially owned (967.94 newly awarded + 3,150.80 previously reported).
• Vesting: RSUs vest on the earlier of (a) May 12, 2027 or (b) one day prior to the 2027 annual shareholder meeting, subject to continued service; immediate vesting upon death, disability, or involuntary termination without cause following a change of control.
• Reporting note: The reporting person moved previously reported RSUs from Table II to Table I on this Form 4.

Context RSU grants are a common form of director compensation and are not an open‑market purchase or sale — they represent future stock compensation that vests over time. Because these RSUs vest into common shares if conditions are met, they will increase Hayford’s stake only upon settlement/vesting; the grant itself does not indicate an immediate cash investment or sale.