Arrow Financial (NASDAQ: AROW) investors approve directors, pay and Crowe LLP
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Arrow Financial Corporation reported the results of its 2026 Annual Meeting of Shareholders held on June 3, 2026. Shareholders elected four Class A directors to terms expiring in 2029, approved on an advisory basis the Company’s 2025 executive compensation, and ratified Crowe LLP as independent auditor for the fiscal year ending December 31, 2026.
As of the April 6, 2026 record date, 16,526,628 common shares were outstanding and entitled to vote, with 12,946,253 shares, or 78.34% of those eligible, represented at the meeting, constituting a quorum.
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8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Shares outstanding at record date: 16,526,628 shares
Shares represented at meeting: 12,946,253 shares
Support for say-on-pay: 9,087,641 votes for
+4 more
7 metrics
Shares outstanding at record date
16,526,628 shares
Common stock outstanding and entitled to vote as of April 6, 2026
Shares represented at meeting
12,946,253 shares
Shares present or by proxy at 2026 Annual Meeting; 78.34% of eligible
Support for say-on-pay
9,087,641 votes for
Advisory vote on 2025 executive compensation
Opposition to say-on-pay
731,910 votes against
Advisory vote on 2025 executive compensation
Votes for auditor Crowe LLP
12,295,674 votes for
Ratification of independent auditor for year ending December 31, 2026
Votes against auditor Crowe LLP
429,557 votes against
Ratification of independent auditor for year ending December 31, 2026
Highest director support
9,727,222 votes for
Election of Class A director nominee Darrin M. Jahnel
Key Terms
broker non-votes, advisory basis, independent registered public accounting firm, quorum
4 terms
broker non-votes financial
"Votes For | Votes Withheld | Broker Non-Votes Class A Director Nominees"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
advisory basis financial
"approved on an advisory basis the Company's 2025 executive compensation"
independent registered public accounting firm financial
"the independent registered public accounting firm, Crowe LLP, as our independent auditor"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
quorum financial
"were represented at the 2026 Annual Meeting ... and this amount represented a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
FAQ
What key decisions were made at Arrow Financial (AROW) 2026 Annual Meeting?
Shareholders elected four Class A directors to terms expiring in 2029, approved on an advisory basis Arrow Financial’s 2025 executive compensation, and ratified Crowe LLP as independent auditor for the fiscal year ending December 31, 2026.
Which directors were elected at Arrow Financial’s 2026 Annual Meeting and how strong was support?
Four Class A directors were elected: Mark L. Behan, Gregory J. Champion, Darrin M. Jahnel, and Daniel J. White. Vote totals ranged from 8,422,538 to 9,727,222 shares in favor, with broker non-votes of 2,930,911 reported for each nominee.
What were the voting results for Arrow Financial (AROW) auditor ratification?
Shareholders ratified Crowe LLP as Arrow Financial’s independent auditor for the year ending December 31, 2026, with 12,295,674 votes for, 429,557 votes against, and 221,022 abstentions. This reflects broad shareholder support for retaining the current audit firm.