Arrow Financial Corporation filings document a bank holding company's operating results, capital actions, governance matters, and material-event disclosures. Form 8-K reports furnish quarterly earnings releases, Regulation FD investor presentations, dividend declarations, share repurchase authorization, and other corporate updates tied to Arrow's banking operations, loan portfolio, deposits, investment portfolio, and non-interest income sources.
The company's proxy materials cover board elections, director and executive compensation, pay-versus-performance disclosures, and shareholder voting matters. Other current reports record board appointments and retirements, compensatory arrangements, and shareholder derivative litigation disclosures, including statements about the financial impact of related settlement activity.
ARROW FINANCIAL CORP director Mark Behan reported a routine equity compensation transaction involving 246 shares of Common Stock as a quarterly director's retainer payment. The shares are reported at a reference price of $31.76 per share, and there was no open-market buy or sell.
Following this transaction, Behan directly holds 13,039 shares of Arrow Financial common stock, which includes 84 shares acquired through the company's dividend reinvestment plan since January 28, 2026. The filing is primarily an administrative update of his total holdings.
Arrow Financial Corp director Daniel James White reported a routine equity compensation transaction. On the reported date, he had an "other" coded transaction involving 266 shares of common stock at $31.76 per share, tied to his quarterly director’s retainer payment.
Following this activity, White directly held 8,001 common shares. A footnote explains that this total includes 13 shares acquired through the company’s dividend reinvestment plan since January 28, 2026, which were not previously reportable on Form 4 but are now reflected to show his full current holdings.
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 Corporation outlines its community banking business, risk profile and governance in an Annual Report for the year ended December 31, 2025. Through Arrow Bank National Association, it reports diversified lending, wealth management and insurance operations across upstate New York and nearby states.
The report highlights Arrow Bank’s scale, including 578 full-time equivalent employees and 38 branches, and confirms it exceeds all regulatory capital minimums and qualifies as well-capitalized. Arrow also discusses extensive regulatory oversight, cybersecurity and fraud controls, human capital initiatives and community investments exceeding $4 million since 2019.
A key strategic development is a planned merger with Adirondack Bancorp, Inc., under which each Adirondack share will convert into 1.8610 Arrow shares plus $18.72 in cash, for an implied value of approximately $89.1 million, subject to regulatory and shareholder approvals and customary conditions.
Arrow Financial Corporation entered into an Agreement and Plan of Merger dated February 25, 2026 to acquire Adirondack Bancorp, Inc. under a two-step merger structure that also merges Adirondack Bank into Arrow Bank National Association.
At the Effective Time each Adirondack common share will convert into 1.8610 shares of Arrow common stock and $18.72 in cash; fractional shares will be cashed out. The merger is conditioned on shareholder approval, regulatory clearances, Nasdaq listing authorization, an effective Form S-4, and customary closing conditions. A $3.62 million termination fee and 180-day lock-ups for certain holders are included.
Arrow Financial Corporation agreed to acquire Adirondack Bancorp, Inc. in a stock-and-cash merger that expands Arrow’s community banking footprint across upstate New York, including the Mohawk Valley and additional Adirondack markets.
Each Adirondack share will be converted into 1.8610 Arrow shares plus $18.72 in cash, implying total consideration of about $89.1 million based on Arrow’s share price on February 25, 2026. The combined company is projected to have about $5.4 billion in assets, $4.8 billion in deposits and $4.1 billion in gross loans, with management targeting roughly 18% cash EPS accretion in 2027, a 20% internal rate of return and a tangible book value per share earnback period of 2.9 years. Adirondack’s CEO, Rocco Arcuri Sr., will become Regional President and join Arrow’s and Arrow Bank’s boards, while voting and lock-up agreements from key Adirondack shareholders are designed to support deal approval and manage post-closing share sales. Closing is contingent on Adirondack shareholder approval and customary banking regulatory approvals.
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 filed a Form 13F reporting institutional holdings totaling $1,003,074,635 across 318 positions. The report names Arrow Bank National Association as an included manager and is signed by CFO Penko Ivanov on 02-05-2026.
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.