4/A: Arrow Financial Corp Director Kristine D. Duffy Amends Form 4 to Correct Share Acquisition Details
SEC Filing (Form 4/A)
Kristine D. Duffy, a director at Arrow Financial Corp, filed an amended Form 4 to correct the number of shares acquired through a quarterly director's retainer payment and the resulting amount of securities beneficially owned.
Summary
- Kristine D. Duffy, a director of Arrow Financial Corp, filed an amendment to a previously submitted Form 4.
- The amendment corrects the number of shares acquired on January 8, 2025, due to a quarterly director's retainer payment.
- The original filing, submitted on January 10, 2025, contained an error in the share count.
- The corrected filing shows that Duffy acquired 364 shares of common stock at a price of $26.61 per share.
- Following the transaction, Duffy directly owns 3,668 shares of Arrow Financial Corp.
- Duffy also indirectly owns 790 shares held by her spouse, but she disclaims beneficial ownership of these shares.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is always viewed favorably.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Date of the transaction (acquisition of shares). |
| 01/10/2025 | Date of the original Form 4 filing. |
| 01/28/2025 | Date of the amended Form 4/A filing. |
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.