Form 4: Arrow Financial Corp Director Kristine D. Duffy Reports Acquisition of Common Stock

Sentiment:

SEC Filing


Director Kristine D. Duffy reports acquiring 283 shares of Arrow Financial Corp common stock at $25.37 per share on April 9, 2025, along with an additional 36 shares through the company's DRIP program.

Summary

  • On April 9, 2025, Kristine D. Duffy, a director of Arrow Financial Corp, acquired 283 shares of common stock at a price of $25.37 per share.
  • The transaction was reported on a Form 4 filing with the SEC.
  • Duffy also acquired 36 shares under the Company's DRIP since January 29, 2025.
  • Following the reported transaction, Duffy directly owns 4,530 shares of common stock and indirectly owns 790 shares held by her spouse.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

  • The director's purchase of shares may signal confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder confidence.

Key Dates

DateDescription
01/29/2025Start date for DRIP shares acquired but not previously reported.
04/09/2025Date of transaction: Acquisition of 283 shares of common stock.

Keywords

Form 4, Beneficial Ownership, Director, Common Stock, Acquisition, Arrow Financial Corp, AROW

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