Chen Lawrence Liren 4

What Happened
Lawrence Liren Chen, a director of Arrow Electronics (ARW), was granted 967.94 restricted stock units (RSUs) on May 12, 2026. The award was reported as an acquisition with a reported price of $0.00 (award); RSUs settle one-for-one into common stock upon vesting. This is an award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: May 12, 2026; Form 4 filed May 14, 2026.
• Award: 967.94 RSUs granted at $0.00 (award).
• Shares reported beneficially owned after this filing: 3,288.75 RSUs total (967.94 newly awarded + 2,320.81 previously reported).
• Vesting: RSUs vest on the earlier of (a) May 12, 2027, or (b) one day before the 2027 annual shareholder meeting, subject to continued service. Immediate vesting occurs upon death, disability, or involuntary termination without cause following a change of control (per footnote).
• Reporting note: Reporting person moved previously reported RSUs from Table II to Table I; totals reflect that change.
• Timeliness: Filing appears timely (transaction 5/12/2026; Form 4 filed 5/14/2026).

Context
RSUs are a compensation award that convert to shares if and when they vest; the $0.00 price reflects an awarded grant rather than a cash purchase. Awards are common compensation for executives and directors and do not, by themselves, indicate buying or selling sentiment until/if shares are sold after vesting.