Changes in Beneficial Ownership · 4
Arrow Financial Corporation
AROWNASDAQEQUITYCurrent
Changes in Beneficial Ownership
Structured filing — 4
wk-form4_1788297758.xml
Filing details
- Report period
- 2026-08-28
- Issuer
- ARROW FINANCIAL CORP
- Issuer CIK
- 0000717538
- Trading symbol
- AROW
Reporting owner 1
- Name
- DeMarco David S.
- Reporting owner CIK
- 0001463249
- Relationship
- Officer
- Officer title
- President & CEO
- Address
- 7 INGERSOL ROAD, SARATOGA SPRINGS, NY, 12866
Non-derivative transactions
| Security | Transaction date | Code | Amount | A / D | Price (USD) | Owned after | Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | 2026-08-28 | M · Form 4 | 4,379 | A | 30.26 | 99,238 | D |
| Common Stock | 2026-08-28 | F · Form 4 | 3,752 | D | 38.16 | 95,530[F1] | D |
Table key
- M · Form 4
- Exempt derivative exercise or conversion under Rule 16b-3
- A
- Acquired
- D
- Direct
- F · Form 4
- Securities delivered or withheld for exercise price or tax liability under Rule 16b-3
Non-derivative holdings
| Security | Amount owned | Ownership | Nature of ownership |
|---|---|---|---|
| Common Stock | 3,035 | I | By 401(k) |
Table key
- I
- Indirect
Derivative transactions
| Security | Conversion / exercise price (USD) | Transaction date | Code | Amount | A / D | Price (USD) | Exercisable | Expires | Underlying security | Underlying shares | Owned after | Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | 30.26 | 2026-08-28 | M · Form 4 | 4,379[F2] | D | 0 | [F2] | 2027-01-25 | Common Stock | 4,379 | 0 | D |
Table key
- M · Form 4
- Exempt derivative exercise or conversion under Rule 16b-3
- D
- Direct
Footnotes
- F1
- 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.↩ 1
Signature 1
- Signed
- Penko Ivanov, Attorney in Fact
- Date
- 2026-09-01