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 September 4, 2026.
Summary
- Option exercise/conversion: acquired 1,771 Common Stock at $30.26 ($53,590) on September 4, 2026; holds 97,301 after (Direct).
- Tax/exercise-price withholding: disposed of 1,504 Common Stock at $39.57 ($59,513) on September 4, 2026; holds 95,826 after (Direct).
- Option exercise/conversion: disposed of 1,771 Employee Stock Option (Right to Buy) on September 4, 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 |
|---|---|---|---|---|---|---|
| 2026-09-04 | Option exercise/conversion | Common Stock | 1,771 | $30 | $53.6K | 97,301 |
| 2026-09-04 | Tax/exercise-price withholding | Common Stock | 1,504 | $40 | $59.5K | 95,826 |
| 2026-09-04 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 1,771 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-04 | Option exercise/conversion (1,771 shares) |
| 2026-09-04 | Tax/exercise-price withholding (1,504 shares) |
| 2026-09-04 | Option exercise/conversion (1,771 shares) |
Keywords
insider transaction, Form 4, AROW, ARROW FINANCIAL CORP, neutral, David S. Demarco
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.