Zech Gretchen 4

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.