Arrow Financial (AROW) director updates holdings with 373-share retainer grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arrow Financial Corp director James M. Dawsey reported a routine equity compensation transaction. On the reported date, he received 373 shares of common stock valued at $38.49 per share as a quarterly director’s retainer payment. Following this transaction, his directly held position increased to 20,596 shares of Arrow Financial common stock.
A footnote explains that this total also incorporates 151 additional shares acquired through the company’s dividend reinvestment plan since March 18, 2026, which had not previously required separate Form 4 reporting. The filing therefore updates the market on the director’s current overall shareholdings rather than signaling an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dawsey James M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 373 | $38.49 | $14K |
Holdings After Transaction:
Common Stock — 20,596 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Director retainer shares: 373 shares
Per-share value: $38.49 per share
Total shares after transaction: 20,596 shares
+1 more
4 metrics
Director retainer shares
373 shares
Quarterly director’s retainer payment in common stock
Per-share value
$38.49 per share
Reported price for 373 retainer shares
Total shares after transaction
20,596 shares
Director’s direct Arrow Financial holdings after Form 4
DRIP shares since March 18, 2026
151 shares
Dividend reinvestment plan accumulations now reflected in total holdings
Key Terms
Quarterly Director's Retainer Payment, DRIP, Form 4, Other acquisition or disposition
4 terms
Quarterly Director's Retainer Payment financial
"Quarterly Director's Retainer Payment"
DRIP financial
"151 shares acquired under the Company's DRIP since March 18, 2026"
A DRIP (dividend reinvestment plan) automatically uses cash dividends to buy additional shares of the same company instead of paying the money to the investor. Like using spare change from each paycheck to buy more of something you already own, a DRIP helps holdings grow over time through compounding without requiring the investor to decide each time, which can boost long‑term returns but reduce short‑term cash income.
Form 4 regulatory
"not required to be reported on a Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Other acquisition or disposition regulatory
"transaction code description: Other acquisition or disposition"
FAQ
What insider transaction did Arrow Financial (AROW) director James M. Dawsey report?
James M. Dawsey reported a routine equity compensation transaction involving 373 shares of Arrow Financial common stock. These shares were received as a quarterly director’s retainer payment at $38.49 per share, rather than through an open-market purchase or sale.
Was the Arrow Financial (AROW) Form 4 a market buy or sell by the director?
The Form 4 does not show a market buy or sell. It records 373 shares received as a quarterly director’s retainer payment, coded as an “Other acquisition or disposition,” indicating compensation rather than an open-market transaction by James M. Dawsey.