Arrow Electronics Files 8-K on Security Holder Vote
Ticker: ARW · Form: 8-K · Filed: May 7, 2024 · CIK: 7536
Sentiment: neutral
Topics: corporate-governance, shareholder-meeting
Related Tickers: ARW
TL;DR
Arrow Electronics is having a shareholder vote soon, details to follow.
AI Summary
On May 7, 2024, Arrow Electronics, Inc. filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing does not specify the nature of the matters to be voted upon or any associated financial details.
Why It Matters
This filing indicates that Arrow Electronics is convening a meeting where shareholders will vote on important company matters, which could impact the company's future direction.
Risk Assessment
Risk Level: low — The filing is procedural and does not contain information that immediately suggests significant financial or operational risk.
Key Players & Entities
- ARROW ELECTRONICS, INC. (company) — Registrant
- May 7, 2024 (date) — Date of Report
FAQ
What specific matters will be submitted for a vote by Arrow Electronics' security holders?
The filing does not specify the exact matters to be voted upon by security holders.
When is the meeting of security holders scheduled to take place?
The filing does not provide the date of the meeting for the security holders' vote.
Has Arrow Electronics provided any preliminary information regarding the expected outcome of the vote?
No, the filing does not contain any preliminary information or expected outcomes for the vote.
Are there any financial implications or details associated with the matters to be voted on?
The filing does not disclose any financial implications or specific details related to the matters for vote.
What is the purpose of this 8-K filing for Arrow Electronics?
The purpose of this 8-K filing is to report the submission of matters to a vote of security holders.
Filing Stats: 690 words · 3 min read · ~2 pages · Grade level 12.2 · Accepted 2024-05-07 16:45:36
Key Financial Figures
- $1 — nge on which registered Common Stock, $1 par value ARW New York Stock Exchange
Filing Documents
- tm2413752d1_8k.htm (8-K) — 36KB
- 0001104659-24-058067.txt ( ) — 204KB
- arw-20240507.xsd (EX-101.SCH) — 3KB
- arw-20240507_lab.xml (EX-101.LAB) — 33KB
- arw-20240507_pre.xml (EX-101.PRE) — 22KB
- tm2413752d1_8k_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders At the 2024 Annual Meeting of Shareholders of Arrow Electronics, Inc. (the "Company") held on May 7, 2024 (the "Annual Meeting"), three (3) proposals were submitted to the Company's shareholders. The proposals are described in detail in the Company's proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on March 26, 2024, and as supplemented on April 22, 2024 (collectively, the "Proxy Statement"). As of the record date for the Annual Meeting, there were a total of 53,978,667 shares of common stock outstanding and entitled to vote at the Annual Meeting. There were 48,050,397 shares of common stock represented in person or by proxy at the Annual Meeting and, therefore, a quorum was present. Proposal 1: Election of Directors The Company's shareholders elected nine (9) directors to hold office for a term of one year expiring at the 2025 annual meeting of the Company's shareholders. The voting results for each nominee were as follows: Board Member For Withheld Broker Non-votes William F. Austen 41,766,424 3,482,414 2,801,559 Steven H. Gunby 44,764,029 484,809 2,801,559 Gail E. Hamilton 42,793,975 2,454,863 2,801,559 Michael D. Hayford 44,993,663 255,175 2,801,559 Andrew C. Kerin 43,211,501 2,037,337 2,801,559 Sean J. Kerins 45,029,554 219,284 2,801,559 Carol P. Lowe 44,488,279 760,559 2,801,559 Mary T. McDowell 45,041,981 206,857 2,801,559 Gerry P. Smith 44,704,232 544,606 2,801,559 Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm The Company's shareholders ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The appointment was ratified with 45,816,584 shares voting for, 2,205,216 shares voting against, and 28,597 shares abstaining. Proposal 3: Advisory Vote to Approve Named E
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ARROW ELECTRONICS, INC. Date: May 7, 2024 By: /s/ Carine Jean-Claude Name: Carine Jean-Claude Title: Senior Vice President, Chief Legal Officer and Secretary