Form 4: Arrow Financial Corp Director James M. Dawsey Acquires Shares
SEC Form 4 Filing
Director James M. Dawsey acquired 542 shares of Arrow Financial Corp common stock at $25.37 per share on April 9, 2025, and also holds shares through the company's DRIP program.
Summary
- On April 9, 2025, James M. Dawsey, a director of Arrow Financial Corp, acquired 542 shares of common stock at a price of $25.37 per share.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the reported transaction, Dawsey beneficially owns 17,087 shares of Arrow Financial Corp common stock.
- The filing also discloses that Dawsey acquired 163 shares under the Company's DRIP since January 29, 2025, which were not required to be reported on a Form 4.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's share purchase, which can be seen as a slightly positive signal, but it's not a major event.
Positives
- Director's purchase may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The director's share purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Start date for DRIP shares acquired but not reported on Form 4 |
| 04/09/2025 | Date of transaction: Director's share acquisition |
| 04/10/2025 | Date of Form 4 filing |
Keywords
Form 4, Director, Share Acquisition, Arrow Financial Corp, AROW, Insider Trading
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