Hayford Michael D 4

What Happened

• Michael D. Hayford, a director of Arrow Electronics, received 131.98 deferred stock units (reported as a derivative award) on 2026-05-15. The units were granted at $0.00 per unit and are recorded as an award (transaction code A). These deferred stock units (DSUs) convert one-for-one into Arrow common stock upon death or separation from service as a director; this is routine director compensation rather than a market purchase or sale.

Key Details

• Transaction date: 2026-05-15. Filing date (Form 4): 2026-05-18 — appears timely.
• Transaction type/code: Award (A) — 131.98 Deferred Stock Units; reported price $0.00; reported value $0 (derivative).
• Shares owned after transaction: Not specified in this filing.
• Footnote: F1 — DSUs issued under the Arrow Electronics, Inc. Non-Employee Directors Deferred Compensation Plan and settled by issuance of Common Stock on a one-for-one basis following death or separation from service.
• No indication of a 10b5-1 plan, tax-withholding sale, or late filing flag.

Context

• Deferred stock units do not typically provide immediate voting rights or cash value until they settle; they are a common form of non-employee director compensation. Such awards are routine and do not by themselves signal insider buying or selling intent.