Form 4: Arrow Financial CEO Reports Stock Transaction
Insider Transaction (Form 4)
David S. Demarco, President & CEO of Arrow Financial Corp, reported multiple transactions in common stock on August 28, 2026.
Summary
- Option exercise/conversion: acquired 4,379 Common Stock at $30.26 ($132,509) on August 28, 2026; holds 99,238 after (Direct).
- Tax/exercise-price withholding: disposed of 3,752 Common Stock at $38.16 ($143,176) on August 28, 2026; holds 95,530 after (Direct).
- Option exercise/conversion: disposed of 4,379 Employee Stock Option (Right to Buy) on August 28, 2026 (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
David S. Demarco — Officer (President & CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-28 | Option exercise/conversion | Common Stock | 4,379 | $30 | $132.5K | 99,238 |
| 2026-08-28 | Tax/exercise-price withholding | Common Stock | 3,752 | $38 | $143.2K | 95,530 |
| 2026-08-28 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 4,379 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-28 | Option exercise/conversion (4,379 shares) |
| 2026-08-28 | Tax/exercise-price withholding (3,752 shares) |
| 2026-08-28 | Option exercise/conversion (4,379 shares) |
Keywords
insider transaction, Form 4, AROW, ARROW FINANCIAL CORP, neutral, David S. Demarco
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