Arrow Financial (NASDAQ: AROW) director exercises options, withholds shares
Rhea-AI Filing Summary
Arrow Financial Corp director Raymond F. O'Conor reported an option exercise on August 4, 2026. He exercised 1,061 Director Stock Options at an exercise price of $33.78 per share, receiving 1,061 shares of common stock. To satisfy the exercise price or tax liability, 878 common shares at $40.79 per share were delivered or withheld. The option grant, which fully vested in four equal installments beginning January 26, 2023, now shows 0 options remaining from this award. The transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 183 shares
Net Buy
3 txns
Insider
O'Conor Raymond F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (Right to Buy) F1 | 1,061 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,061 | $33.78 | $36K |
| Exercise Price or Tax Liability | Common Stock | 878 | $40.79 | $36K |
Holdings After Transaction:
Director Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 31,085 shares (Direct)
Footnotes (1)
- F1. The options vested in four equal installments beginning January 26, 2023
Key Figures
Options exercised: 1,061 shares
Option exercise price: $33.78 per share
Shares delivered/withheld: 878 shares
+3 more
6 metrics
Options exercised
1,061 shares
Director Stock Options converted into common stock on August 4, 2026
Option exercise price
$33.78 per share
Exercise price for 1,061 Director Stock Options
Shares delivered/withheld
878 shares
Common shares used to pay exercise price or tax liability
Delivery/withholding price
$40.79 per share
Price applied to 878 common shares for exercise price or tax obligations
Option expiration date
2032-01-26
Expiration date of the Director Stock Option award that was exercised
Option vesting start
January 26, 2023
Options vested in four equal installments beginning on this date
Key Terms
Director Stock Option (Right to Buy), exercise or conversion of derivative security, Payment of exercise price or tax liability, vested in four equal installments
4 terms
Director Stock Option (Right to Buy) financial
"security_title: Director Stock Option (Right to Buy)"
exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Payment of exercise price or tax liability financial
"transaction_code_description: Payment of exercise price or tax liability"
vested in four equal installments financial
"The options vested in four equal installments beginning January 26, 2023"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Arrow Financial (AROW) report for Raymond F. O'Conor?
Arrow Financial director Raymond F. O'Conor exercised 1,061 stock options into common shares. As part of the transaction, 878 shares were delivered or withheld at $40.79 per share to satisfy the exercise price or related tax obligations.
How many Arrow Financial (AROW) options did Raymond F. O'Conor exercise and at what price?
Raymond F. O'Conor exercised 1,061 Director Stock Options at an exercise price of $33.78 per share. These options converted into 1,061 shares of Arrow Financial common stock in a derivative exercise/conversion transaction.
Did Raymond F. O'Conor’s Arrow Financial (AROW) options remain outstanding after the transaction?
For this specific award, the derivative position shows 0 options remaining after exercising 1,061 options. The option grant had vested in four equal installments beginning on January 26, 2023, before this full exercise.
Were O'Conor’s Arrow Financial (AROW) transactions under a Rule 10b5-1 plan?
The Form 4 indicates the transactions were not affirmed as made under a Rule 10b5-1 trading plan. The document’s Rule 10b5-1 checkbox is explicitly unchecked, and no footnote references a pre-arranged trading arrangement.