MCDOWELL MARY T 4
Research Summary
AI-generated summary
Arrow Electronics Director Mary T. McDowell Receives 968 RSUs
What Happened Mary T. McDowell, a director of Arrow Electronics, was awarded 967.94 Restricted Stock Units (RSUs) on 2026-05-12. The award has a grant price of $0 (total reported value $0 at grant) and will settle one-for-one into common stock when vested. This is an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-12; Form 4 filed: 2026-05-14 (timely filing).
- Security: Restricted Stock Units (RSUs); amount: 967.94 RSUs; price per share at grant: $0.00; total value at grant: $0.
- Vesting: RSUs vest on the earlier of (a) May 12, 2027 or (b) one day prior to the company’s 2027 annual meeting, subject to continued service. Immediate vesting if death, disability, or involuntary termination without cause following a change in control (see footnote).
- Settlement: RSUs settle in common stock on a one-for-one basis.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: No late filing indicated.
Context RSU grants are a form of compensation and do not represent an open-market buy or sell. They typically convert to common shares at vesting (subject to conditions above), at which point they may have taxable consequences and potentially affect insider ownership.