ARROW FINANCIAL CORP·4

Mar 20, 2:10 PM ET

Dawsey James M 4

4 · ARROW FINANCIAL CORP · Filed Mar 20, 2026

Research Summary

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Arrow Financial (AROW) Director James Dawsey Receives 453 Shares

What Happened James M. Dawsey, a director of Arrow Financial Corp. (AROW), was issued 453 shares on 2026-03-18 at $31.76 per share (total value about $14,387). The transaction is reported as an "other acquisition" (code J) and is identified as a quarterly director's retainer payment — a routine compensation issuance rather than an open-market purchase.

Key Details

  • Transaction date and price: 2026-03-18, 453 shares at $31.76 each (total ≈ $14,387).
  • Transaction type/code: Other acquisition (J) — listed as Quarterly Director's Retainer Payment (Footnote F1).
  • Additional holdings: Filing notes 158 shares were acquired under the company’s DRIP since Jan 28, 2026 (Footnote F2). The filing furnishes total holdings as of this Form 4, but a specific "shares owned after transaction" total is not provided in the data here.
  • Timeliness: Reported on 2026-03-20, within the typical Form 4 reporting window (timely filing).

Context This was compensation delivered in stock (director retainer) and is generally a routine corporate action rather than a direct buy/sell signaling personal investing conviction. The DRIP shares noted were previously acquired and not required to be separately reported; the filer included that info to disclose total holdings. As always, such compensation-related issuances should be interpreted differently from open-market insider purchases or sales.

Insider Transaction Report

Form 4
Period: 2026-03-18
Transactions
  • Other

    Common Stock

    [F1][F2]
    2026-03-18$31.76/sh+453$14,38720,072 total
Footnotes (2)
  • [F1]Quarterly Director's Retainer Payment
  • [F2]The information provided reflects 158 shares acquired under the Company's DRIP since January 28, 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.
Signature
Penko Ivanov, Attorney in Fact|2026-03-20

Documents

1 file
  • 4
    wk-form4_1774030236.xmlPrimary

    FORM 4