Every Form 4 that Arrow Financial Corp (AROW) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow AROW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full AROW filings page.
Arrow Financial Corp director Philip C. Morris reported an update to his holdings through the company’s dividend reinvestment plan (DRIP). The filing shows an optional cash purchase of 31 shares of common stock at $34.49 per share on the plan date.
After this transaction, Morris directly holds 7,271 shares of Arrow Financial common stock. This total includes 51 DRIP shares acquired since February 11, 2026 that were not previously reportable on Form 4 and are now disclosed to present his current aggregate holdings.
Arrow Financial Corp director Morris Philip C reported a small share acquisition through the company’s dividend reinvestment plan (DRIP). On 02/11/2026, he made an optional cash purchase of 29 shares of common stock at $35.08 per share.
Following this transaction, he directly beneficially owns 7,189 shares of Arrow Financial common stock. This filing records the change in his direct ownership and confirms continued participation in the company’s DRIP program.
Arrow Financial Corp director Darrin Jahnel received a small equity award in the form of restricted stock. On January 28, 2026, he acquired 69 shares of Arrow Financial common stock at $32.43 per share, held directly.
The 69 restricted shares vest in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029, aligning his compensation with the company’s long-term performance. Following this grant, Jahnel beneficially owns 69 common shares.
Arrow Financial Corp director Mark Behan reported a grant of 818 shares of common stock on January 28, 2026. The shares are restricted stock that vest in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029 at a grant price of $32.43 per share.
After this award, Behan directly beneficially owns 12,709 shares, which include 95 shares acquired under the Company's DRIP since October 8, 2025. These DRIP acquisitions were not previously required to be reported on a Form 4.
Arrow Financial Corp director Tenee R. Casaccio received an award of 818 shares of common stock on January 28, 2026 at $32.43 per share. These restricted shares vest in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029.
After this grant and including 231 shares previously acquired through the company’s dividend reinvestment plan, Casaccio beneficially owns 27,591 Arrow Financial shares directly.
Arrow Financial Corp director Gregory J. Champion received a grant of 818 shares of common stock on January 28, 2026. The shares were awarded at a price of $32.43 per share and are structured as restricted stock.
The restricted stock vests in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029, tying the award to continued service over time. After this grant, Champion beneficially owns 10,943 shares directly, which includes 84 shares acquired through the company’s dividend reinvestment plan.
Arrow Financial Corp reported that director James M. Dawsey received an award of 818 shares of common stock on January 28, 2026 at $32.43 per share. The grant is in the form of restricted stock that vests in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029. Following this grant and including 169 shares acquired under the company’s dividend reinvestment plan since October 8, 2025, Dawsey beneficially owns 19,461 shares of Arrow Financial common stock, held directly.
Arrow Financial Corp director David G. Kruczlnicki received a grant of 818 shares of common stock on January 28, 2026 at $32.43 per share. After this award, he directly beneficially owned 60,134 shares. The footnote states this restricted stock vests in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029.
Arrow Financial Corp director Elizabeth Miller reported a stock award of 818 shares of common stock on January 28, 2026 at $32.43 per share. The filing notes this grant is restricted stock that vests in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029.
After this award, Miller directly holds 39,985 shares of Arrow Financial common stock, which includes 146 shares acquired under the Company's DRIP since October 8, 2025. An additional 5,847 shares are held indirectly by Miller Family Partnership, LP, for which she disclaims beneficial ownership.
Arrow Financial Corp director Philip C. Morris received a grant of restricted common stock. On January 28, 2026, he acquired 818 shares at $32.43 per share, increasing his directly held stake to 7,160 shares. The restricted stock will vest in three equal installments on January 28 of 2027, 2028, and 2029.
Arrow Financial Corp director reports restricted stock grant. Director Raymond F. O'Conor acquired 818 shares of Arrow Financial common stock on January 28, 2026 at $32.43 per share as a stock award. After this grant, he beneficially owns 30,519 common shares directly.
The 818 restricted shares vest in three equal installments on January 28 of 2027, 2028, and 2029, meaning the director earns full rights to the shares gradually over three years.
Arrow Financial Corp director Colin L. Read reported receiving an award of 818 shares of Arrow Financial common stock on January 28, 2026 at a value of $32.43 per share. After this grant, he directly holds 30,150 common shares.
The 818 restricted shares vest in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029. The filing also notes 3,020 shares held indirectly by his wife, for which he disclaims beneficial ownership.
Arrow Financial Corp. director Daniel James White reported an award of 818 shares of common stock on January 28, 2026 at a price of $32.43 per share. The restricted stock vests in three equal installments on January 28 of 2027, 2028, and 2029.
Following this grant, White beneficially owns 7,722 shares of Arrow Financial common stock in direct ownership, including 14 shares acquired through the Company’s dividend reinvestment plan since November 10, 2025.
Arrow Financial Corp director Kristine D. Duffy reported a stock award of 818 shares of common stock on January 28, 2026 at $32.43 per share. After this award, she directly holds 5,956 common shares. The award consists of restricted stock that vests in three equal installments on January 28, 2027, January 28, 2028, and January 28, 2029, spreading the benefit over three years.
The filing also notes 1,021 additional common shares held indirectly by her spouse. Duffy disclaims beneficial ownership of these indirectly held shares, meaning the filing does not treat her as the beneficial owner of those securities for any purpose.
Arrow Financial Corp executive Andrew J. Wise received 4,058 shares of common stock on January 28, 2026 as an equity award. The shares were acquired at $32.43 each and bring his directly owned holdings to 25,818 common shares.
The award is in the form of restricted stock that vests 25% per year on January 28, 2027, 2028, 2029, and 2030. The total holding figure also reflects 35 shares acquired through employee stock purchase plan purchases since December 10, 2025.
Arrow Financial Corp executive Marc Yrsha, SEVP and Chief Banking Officer, acquired 4,058 shares of common stock on January 28, 2026 at $32.43 per share as a restricted stock award. The restricted shares vest in four equal 25% installments each January 28 from 2027 through 2030.
After this grant and prior plan allocations, dividend reinvestment, and employee purchases, Yrsha beneficially owns 14,132 Arrow Financial common shares as of this Form 4.
Arrow Financial Corp executive Brooke M. Pancoe reported a stock award of 2,406 shares of common stock on January 28, 2026 at $32.43 per share. The restricted stock vests in four equal 25% installments each January 28 from 2027 through 2030.
After this award, Pancoe directly holds 7,145 common shares. An additional 25 common shares are held indirectly by a spouse, and Pancoe disclaims beneficial ownership of those indirectly held shares.
Arrow Financial Corp executive Michael Joseph Jacobs reported a stock award under a Form 4. On January 28, 2026, he acquired 2,406 shares of Arrow Financial common stock at $32.43 per share as an "A" (award) transaction. The shares are restricted stock that vest 25% annually on January 28 of 2027, 2028, 2029, and 2030.
After this grant, Jacobs beneficially owns 12,571 common shares held directly, including 2,744 shares related to the 2024 ESOP allocation reflected since January 29, 2025. He serves as Executive Vice President and Chief Information Officer of Arrow Financial Corp.
Arrow Financial Corp executive Penko Ivanov, SEVP, Treasurer and CFO, reported receiving 4,558 shares of restricted common stock on January 28, 2026 at $32.43 per share. The restricted stock vests in four equal 25% installments on January 28 of 2027, 2028, 2029, and 2030.
After this award and prior plan purchases, Ivanov beneficially owns 31,045 common shares, including 7 shares acquired through the company’s DRIP and 96 shares purchased via the ESPP since November 4, 2025.
Arrow Financial Corp President & CEO David S. DeMarco reported receiving two restricted stock grants totaling 34,982 shares of common stock on January 28, 2026 at $32.43 per share.
One 11,084-share grant vests 25% each year on January 28, 2027, 2028, 2029, and 2030. A second 23,898-share grant vests 33% each year on January 28, 2027, 2028, and 2029. After these awards, he beneficially owns 91,189 shares directly and 3,035 shares indirectly through a 401(k) plan.
Arrow Financial Corp director Philip C. Morris reported a small share purchase. On January 12, 2026, he acquired 31 shares of Arrow Financial common stock at $32.13 per share in a transaction labeled as an optional cash purchase under the company's DRIP. Following this transaction, he directly beneficially owns 6,342 shares of Arrow Financial common stock.
Arrow Financial Corp reports that one of its directors purchased common stock through the Company's DRIP program. On December 11, 2025, the director acquired 31 shares of common stock at $31.97 per share in an optional cash purchase transaction.
Following this transaction, the director beneficially owns 6,311 shares of Arrow Financial common stock. This total includes 53 shares previously acquired under the DRIP since November 11, 2025 that were not required to be reported individually.
Arrow Financial (AROW) disclosed an insider purchase on Form 4. On 11/10/2025, a director bought 1,644 shares of common stock at $30.14 per share (Transaction Code P). After the trade, the reporting person directly owned 6,890 shares.
Arrow Financial Corp (AROW) reported an insider transaction by a director. On 11/11/2025, the director acquired 32 shares of common stock at $30.98 per share, noted as an optional cash purchase under the company’s DRIP.
Following the transaction, the director beneficially owned 6,227 shares, held directly.
Arrow Financial Corp (AROW) reported insider buying by Penko Ivanov, SEVP, Treasurer and CFO. On 11/04/2025, he purchased 1,617 shares of common stock at $29.82 and 3 shares at $29.67. Following these transactions, he directly owns 26,394 shares.
The filing notes that 30 shares acquired under the Company’s ESPP since September 10, 2025 are included to disclose total holdings as of this report date.