Zech Gretchen 4
4 · ARROW ELECTRONICS, INC. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Arrow Electronics (ARW) SVP Gretchen Zech Exercises Options, Sells Shares
What Happened
Gretchen Zech, SVP and Chief Governance, Sustainability & HR Officer at Arrow Electronics, exercised 14,331 stock options (cost $81.05/share, $1,161,528 total) and sold shares in open-market transactions on June 2, 2026. She sold 6,600 shares at a weighted average price of $228.92 (proceeds $1,510,872) and 14,331 shares at a weighted average price of $228.36 (proceeds $3,272,627), for total gross proceeds of $4,783,499. The exercise and same-day sale of the 14,331 shares indicate an exercise followed by an immediate sale.
Key Details
- Transaction date: 2026-06-02; Form filed: 2026-06-03 (timely filing).
- Sales: 6,600 shares @ $228.92 (weighted avg) = $1,510,872; 14,331 shares @ $228.36 (weighted avg) = $3,272,627. Total shares sold = 20,931; total proceeds ≈ $4,783,499.
- Option exercise: 14,331 shares acquired @ $81.05 = $1,161,528 (cash paid). Net proceeds (proceeds minus exercise cost) ≈ $3,621,971.
- Footnotes: Sales prices are weighted averages from multiple trades — ranges reported: $228.36–$229.835 (one sale) and $228.12–$229.15 (the other) per filing (F1, F2). Options were granted Feb 19, 2019 and were fully vested (F3).
- Shares owned after transaction: not specified in the provided data.
Context
This filing shows an option exercise combined with immediate sales of the resulting shares plus an additional open-market sale. Such same-day exercise-and-sell transactions are common for executives monetizing vested option grants; the filings are factual disclosures and do not by themselves indicate the insider’s long-term view of the company.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-02$228.92/sh−6,600$1,510,872→ 21,670 total - Exercise/Conversion
Common Stock
2026-06-02$81.05/sh+14,331$1,161,528→ 36,001 total - Sale
Common Stock
[F2]2026-06-02$228.36/sh−14,331$3,272,627→ 21,670 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F3]2026-06-02−14,331→ 0 totalExercise: $81.05From: 2020-02-19Exp: 2029-02-16→ Common Stock (14,331 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging in price from $228.360 to $229.835, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging in price from $228.12 to $229.15, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F3]The company granted these options on February 19, 2019 under the company's 2004 Omnibus Incentive Plan, as amended. The shares subject to the option were fully vested and exercisable.