Read Colin L 4

What Happened

• Colin L. Read, a director of Arrow Financial Corp (AROW), acquired 187 shares on June 17, 2026. The shares were recorded at $38.49 each, for a total value of approximately $7,198. The transaction is listed as an "Other acquisition or disposition (J)" and is footnoted as a quarterly director's retainer payment.

Key Details

• Transaction date and price: 2026-06-17 — 187 shares at $38.49 each (total ~$7,198).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — Quarterly Director's Retainer Payment (shares issued as compensation).
• Filing date/timeliness: Form filed 2026-06-22 for a 2026-06-17 transaction (filed 5 days later); Form 4s are normally due within two business days, so this appears delayed.

Context

• This was a compensation-related issuance (retainer paid in shares), not an open-market purchase by the director. Such issuances are routine and reflect pay in company stock rather than a personal investment decision. They are factual disclosures and do not, by themselves, indicate insider sentiment.