Lowe Carol P 4
Research Summary
AI-generated summary
Arrow (ARW) Director Carol P. Lowe Receives 167.97-Share Award
What Happened
- Carol P. Lowe, a director of Arrow Electronics, Inc. (ARW), received an award of 167.97 deferred stock units on May 15, 2026. The units were granted at $0.00 (transaction code A) and are reported as a derivative acquisition. The filing shows the award amount (167.97 units); no cash purchase or sale occurred.
Key Details
- Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (filing appears timely).
- Amount acquired: 167.97 deferred stock units at $0.00 per unit (reported as a derivative award).
- Shares owned after transaction: not specified in the filing.
- Footnote: Units are issued under the Non‑Employee Directors Deferred Compensation Plan and are settled one‑for‑one in common stock following the director’s death or separation from service.
- Transaction code: A = Award/Grant (not a market purchase or sale).
Context
- Deferred Stock Units (DSUs) are a form of deferred compensation for non‑employee directors and typically convert to shares only upon a future triggering event (e.g., separation from the board). Such grants are routine director compensation and do not by themselves signal buying or selling intent in the open market.