Form 4: Arrow Financial Corp Director Acquires Shares as Part of Retainer and DRIP

Director Daniel James White acquired 283 shares of Arrow Financial Corp common stock on April 9, 2025, as part of a quarterly director's retainer payment and the company's DRIP.

Summary

• On April 9, 2025, Daniel James White, a director of Arrow Financial Corp, acquired 283 shares of common stock.
• The transaction involved the acquisition of shares as part of a quarterly director's retainer payment.
• The price per share was $25.37.
• White also acquired 5 shares under the Company's DRIP since January 29, 2025.
• Following the reported transaction, White beneficially owns 4,626 shares of Arrow Financial Corp.
• The shares were directly owned.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's stock acquisition as part of their compensation and participation in the DRIP. It doesn't indicate any significant positive or negative outlook.

Positives

• Director's stock acquisition reflects confidence in the company.
• Participation in the DRIP (Dividend Reinvestment Plan) shows long-term commitment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies. They are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning their interests with those of other shareholders.

Key Dates

Keywords

Form 4, Director, Share Acquisition, ARROW, Arrow Financial Corp, DRIP, Daniel James White