Arrow Finl Corp SEC Filings

H.B. Fuller Company (FUL) – Form 4 insider transaction

Vice-President & Corporate Controller Robert J. Martsching reported one same-day option exercise and open-market sale on 10 July 2025:

• Option exercise (Code M): 9,546 shares at an exercise price of $33.38.
• Sale (Code S): 9,546 shares at a weighted-average price of $64.3046 (range $64.13–$64.4150).

After these transactions Martsching’s direct beneficial ownership stands at 14,979.676 shares, down from 24,525.676. The 2017 option grant (9,546 shares) is now fully exercised and shows a zero balance; several other option and RSU awards remain outstanding.

The activity appears to be a typical “exercise-and-sell” event, realising a spread of roughly $30.93 per share while maintaining a residual stake. No company-level financial data or strategic disclosures accompany this filing.

Customers Bancorp, Inc. (CUBI) filed an amended Form 4 disclosing that Chief Credit Officer Thomas H. Kasulka received an equity grant of 6,893 Restricted Stock Units (RSUs) on 07/09/2025 at a reference price of $63.97 per share. The amendment corrects the initial 07/10/2025 filing, which understated the grant at 3,447 RSUs.

Following the grant, Kasulka’s direct beneficial ownership stands at 21,808 common shares, comprised of 1,382 shares and 20,426 unvested RSUs. The RSUs vest in three equal annual installments, strengthening management’s long-term alignment with shareholders but do not represent an open-market purchase.

The filing is administrative—it adjusts previously mis-reported figures rather than signalling new insider buying or selling. No cash changed hands and there is no impact on the company’s operations or financial results.

Arrow Financial Corp. (AROW) Form 4 filing: Director Tenee R. Casaccio reported the receipt of 410 common shares on 07/09/2025, coded “J” (other acquisition) and described as the company’s quarterly director payment. The shares were valued at $27.47 each, implying a transaction value of roughly $11.3 thousand. Following the grant, Casaccio’s direct holding rises to 25,897 shares.

The footnotes add that 247 additional shares were accumulated via Arrow’s Dividend Reinvestment Plan (DRIP) between 04/09/2025 and 07/09/2025; these were not previously reportable but are included to show the updated total position.

No derivative securities were reported, no disposals occurred, and there are no indications of a 10b5-1 trading plan. Because the acquisition is part of routine board compensation and modest in size relative to the issuer’s market capitalization, it is generally viewed as neutral to slightly positive for sentiment but not expected to be materially market-moving.

Arrow Financial Corp. (AROW) filed a Form 4 showing that director James M. Dawsey acquired 501 common shares on 07 / 09 / 2025. The transaction is coded “J,” indicating stock received as part of the director’s quarterly retainer rather than an open-market trade. At a reported reference price of $27.47 per share, the shares have an approximate market value of $13.8 thousand. After inclusion of these shares—plus 175 DRIP shares accumulated since April 9, 2025—Dawsey’s direct ownership stands at 17,763 shares. No derivative securities were reported. The filing does not disclose any broader strategic or financial implications for the company.

Arrow Financial Corp (AROW) – Form 4 filing dated 07/11/2025

Director David G. Kruczlnicki received 307 shares of Arrow Financial common stock on 07/09/2025 as part of his quarterly director retainer (Transaction Code J). The shares were valued at $27.47 each, increasing his direct ownership to 58,839 shares. No derivative securities were involved and there were no dispositions.

• The filing shows routine board compensation rather than open-market buying or selling.
• Kruczlnicki remains a Form 4 reporting insider; no change in reporting status was indicated.

No other financial metrics, earnings data, or material corporate events were disclosed in this filing.

Arrow Financial Corp (AROW) filed a Form 4 reporting that director Elizabeth Miller received 569 common shares on 07/09/2025 as her quarterly board retainer (Code J). The filing reflects an implied price of $27.47, valuing the award at roughly $15.6 k. After the grant, Miller’s direct ownership totals 38,380 shares, while she also holds 5,847 shares indirectly through Miller Family Partnership, LP. The form notes an additional 150 shares acquired via the company’s DRIP since 04/09/2025, disclosed to provide an updated holdings figure. No derivative securities or Rule 10b5-1 plan transactions are reported. The activity is routine compensation and does not signal a material change in insider sentiment or company fundamentals.

Arrow Financial Corp (AROW) Form 4 filing dated 07/11/2025 reports a modest change in insider ownership.

• Reporting person: Philip C. Morris, Director.
• Transaction date: 07/09/2025.
• Transaction code: J – shares received as non-cash compensation (Quarterly Director’s Retainer).
• Shares acquired: 250 common shares at an assigned value of $27.47 per share (approx. $6.9 thousand).
• Total direct holdings after transaction: 5,712 shares. Footnote 2 clarifies that this figure includes 168 shares accumulated through the company’s Dividend Reinvestment Plan since 04/09/2025.

No derivative securities were reported, and there were no dispositions. The filing reflects routine director compensation rather than discretionary open-market buying, so the signal for outside investors is limited.

Arrow Financial Corp (AROW) – Form 4 insider filing: Director Raymond F. O’Conor reported the acquisition of 250 shares of Arrow Financial common stock on 07/09/2025. The shares were received at a price of $27.47 per share under transaction code “J”, which the footnote clarifies as the company’s “Quarterly Director’s Payment.” Following the transaction, O’Conor’s direct beneficial ownership increased to 29,543 shares.

No derivative securities were involved and there were no dispositions. Because the shares were delivered as part of routine board compensation rather than an open-market purchase, the dollar value is modest (≈ $6.9 thousand) and has no material impact on Arrow Financial’s capital structure or earnings. Nevertheless, the filing signals ongoing board-level equity alignment and indicates that the director continues to hold a meaningful personal stake in the company.

Arrow Financial Corp. (AROW) – Form 4 insider filing

Director Colin L. Read reported a non-open-market acquisition of 307 common shares on 07/09/2025 (Transaction Code J), received as part of his quarterly director retainer. The award was priced at $27.47 per share, implying an estimated value of about $8.4 thousand. After the transaction, Read’s direct ownership stands at 29,099 shares; he also reports 3,020 shares held indirectly by his spouse. No derivative securities were acquired or disposed of.

The filing reflects routine director compensation rather than discretionary buying or selling, so it carries minimal immediate market significance.