Arrow Financial (AROW) Director Darrin Acquires 298 Shares

What Happened

• Jahnel Darrin, a director of Arrow Financial Corp (AROW), acquired 298 shares on September 23, 2026 at $36.97 per share, a total value of approximately $11,017. The transaction is reported under code J (other acquisition or disposition) and is described as a quarterly director’s retainer payment.

Key Details

• Transaction date and price: 2026-09-23 at $36.97 per share.
• Shares acquired: 298 shares; aggregate purchase value ≈ $11,017.
• Transaction code: J — listed as “Other acquisition” and footnoted as a quarterly director’s retainer payment (F1).
• Additional disclosure (F2): the filing also furnishes that 5 shares were acquired under the company’s DRIP since June 17, 2026; these were not required on a Form 4 but are included to disclose total holdings.
• Timeliness: Form 4 was filed on 2026-09-25 for a 2026-09-23 transaction, which is within the normal SEC reporting window (timely).

Context

• This was not an open-market buy but compensation-related—shares issued or credited as a director retainer—so it reflects routine compensation rather than a direct cash purchase signal. DRIP shares noted in the filing reflect dividend reinvestment and are also routine.