AROW · Arrow Financial Corp · Insider Trading

$39.15 +0.08 (+0.20%) At close · Sep 11

Russell 2000 member Rebalance outlook locked

Market Cap

$725.20M

18.52M

Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.

Query insider transactions through the insider trading API or MCP →

Insider Sentiment Score

Peer-relative 0–100 rank of how aggressively insiders accumulated over the trailing 90 days. See the full ranking.

Net buyers

-1

Net shares bought

-0.02%

Net buy value

-$158,604

Date	Insider	Role	Type	Security	Shares	Price	Value	After
2026-09-04	DeMarco David S.	President & CEO	Convert↓ Filing footnotes — Employee Stock Option (Right to Buy) (Direct) The options vested in four equal installments beginning January 25, 2018	Employee Stock Option (Right to Buy)	1,771	—	—	0
2026-09-04	DeMarco David S.	President & CEO	Convert↑	Common Stock	1,771	$30.26	$53,590	97,301
2026-09-04	DeMarco David S.	President & CEO	Tax↓ Filing footnotes — Common Stock (Direct) The information provided reflects 29 shares acquired under the Company's DRIP since August 28, 2026 , which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	1,504	$39.57	$59,513	95,826
2026-08-28	DeMarco David S.	President & CEO	Convert↑	Common Stock	4,379	$30.26	$132,509	99,238
2026-08-28	DeMarco David S.	President & CEO	Convert↓ Filing footnotes — Employee Stock Option (Right to Buy) (Direct) The options vested in four equal installments beginning January 25, 2018.	Employee Stock Option (Right to Buy)	4,379	—	—	0
2026-08-28	DeMarco David S.	President & CEO	Tax↓ Filing footnotes — Common Stock (Direct) The information provided reflects 44 shares acquired under the Company's DRIP, since August 17, 2026, which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	3,752	$38.16	$143,176	95,530
2026-08-17	Behan Mark	Director	Tax↓	Common Stock	760	$38.86	$29,534	10,851
2026-08-17	Behan Mark	Director	Convert↑	Common Stock	1,093	$27.04	$29,555	11,611
2026-08-17	Behan Mark	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested in four equal annual installments beginning 1/27/2022.	Director Stock Option (Right to Buy)	1,093	—	—	0
2026-08-17	DeMarco David S.	President & CEO	Convert↓ Filing footnotes — Employee Stock Option (Right to Buy) (Direct) The options vested in four equal annual installments beginning January 27, 2022.	Employee Stock Option (Right to Buy)	3,346	—	—	2,118
2026-08-17	DeMarco David S.	President & CEO	Tax↓	Common Stock	2,596	$39.25	$101,893	94,859
2026-08-17	DeMarco David S.	President & CEO	Convert↑ Filing footnotes — Common Stock (Direct) The information provided reflects 288 shares acquired under the Company's DRIP and 2,632 shares related to the 2025 ESOP allocation since January 28, 2026.	Common Stock	3,346	$27.04	$90,476	97,455
2026-08-12	Behan Mark	Director	Tax↓	Common Stock	901	$39.13	$35,256	10,518
2026-08-12	Behan Mark	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested in four equal annual installments beginning January 29, 2021	Director Stock Option (Right to Buy)	1,126	—	—	0
2026-08-12	Behan Mark	Director	Convert↑	Common Stock	1,126	$31.34	$35,289	11,419
2026-08-06	Behan Mark	Director	Convert↑	Common Stock	773	$31.47	$24,326	10,901
2026-08-06	Behan Mark	Director	Tax↓	Common Stock	608	$39.97	$24,302	10,293
2026-08-06	Behan Mark	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested in four equal installments beginning 2/1/2024	Director Stock Option (Right to Buy)	773	—	—	0
2026-08-04	Behan Mark	Director	Convert↑	Common Stock	1,160	$27.35	$31,726	10,905
2026-08-04	Behan Mark	Director	Tax↓	Common Stock	777	$40.79	$31,694	10,128
2026-08-04	O'Conor Raymond F	Director	Convert↑	Common Stock	1,061	$33.78	$35,841	31,963
2026-08-04	O'Conor Raymond F	Director	Tax↓	Common Stock	878	$40.79	$35,814	31,085
2026-08-04	Behan Mark	Director	Convert↑	Common Stock	1,195	$27.47	$32,827	10,549
2026-08-04	Behan Mark	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested in four equal installments beginning January 30, 2020	Director Stock Option (Right to Buy)	1,160	—	—	0
2026-08-04	Behan Mark	Director	Tax↓	Common Stock	804	$40.79	$32,795	9,745
2026-08-04	O'Conor Raymond F	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested in four equal installments beginning January 26, 2023	Director Stock Option (Right to Buy)	1,061	—	—	0
2026-08-04	Behan Mark	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested in four equal installments beginning January 31, 2019	Director Stock Option (Right to Buy)	1,195	—	—	0
2026-06-24	O'Conor Raymond F	Director	Tax↓	Common Stock	874	$40.36	$35,275	30,902
2026-06-24	O'Conor Raymond F	Director	Convert↑	Common Stock	1,126	$31.34	$35,289	31,776
2026-06-24	O'Conor Raymond F	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vested 25% per year over four years.	Director Stock Option (Right to Buy)	1,126	—	—	0
2026-06-18	Behan Mark	Director	Tax↓	Common Stock	923	$38.80	$35,812	9,354
2026-06-18	Behan Mark	Director	Convert↓ Filing footnotes — Director Stock Option (Right to Buy) (Direct) The options vests in four equal installments beginning January 26, 2023	Director Stock Option (Right to Buy)	1,061	—	—	0
2026-06-18	Behan Mark	Director	Convert↑	Common Stock	1,061	$33.78	$35,841	10,277
2026-06-17	CHAMPION GREGORY J	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 79 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	406	$38.49	$15,627	12,000
2026-06-17	Read Colin L	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment	Common Stock	187	$38.49	$7,198	33,583
2026-06-17	Dawsey James M	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 151 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	373	$38.49	$14,357	20,596
2026-06-17	Morris Philip C	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 55 shares acquired under the Company's DRIP since May 19, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	195	$38.49	$7,506	8,744
2026-06-17	Casaccio Tenee R	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 206 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	292	$38.49	$11,239	28,660
2026-06-17	O'Conor Raymond F	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment	Common Stock	195	$38.49	$7,506	30,650
2026-06-17	Jahnel Darrin	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 4 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	286	$38.49	$11,008	821
2026-06-17	Duffy Kristine D	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 11 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	195	$38.49	$7,506	6,408
2026-06-17	Behan Mark	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 84 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	203	$38.49	$7,813	9,216
2026-06-17	Behan Mark	Director	Sell↓	Common Stock	4,110	$38.59	$158,605	8,929
2026-06-17	KRUCZLNICKI DAVID G	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment	Common Stock	219	$38.49	$8,429	60,619
2026-06-17	White Daniel James	Director	Other↑ Filing footnotes — Common Stock (Direct) Quarterly Director's Retainer Payment The information provided reflects 14 shares acquired under the Company's DRIP since March 18, 2026 which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.	Common Stock	219	$38.49	$8,429	8,234
2026-06-10	O'Conor Raymond F	Director	Gift↓	Common Stock	300	—	—	30,455
2026-05-26	Read Colin L	Director	Gift↓ Filing footnotes — Common Stock (Indirect) The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for any purpose.	Common Stock (I)	119	—	—	0
2026-05-26	Read Colin L	Director	Gift↑	Common Stock	119	—	—	33,396
2026-05-20	Read Colin L	Director	Gift↑	Common Stock	500	—	—	33,277
2026-05-20	Read Colin L	Director	Gift↓ Filing footnotes — Common Stock (Indirect) The reporting person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for any purpose.	Common Stock (I)	500	—	—	119

Legend Buy — open-market purchase Sell — open-market sale ↑ Shares acquired ↓ Shares disposed (gift, conversion, tax…)

Showing 1–50 of 642 transactions

Key facts CIK 717538 CUSIP 042744102 13F (30d) 43 filings 43 filers Visit website Investor relations