Form 4: Arrow Financial Corp Director Mark Behan Reports Acquisition of Shares

Director Mark Behan reports acquisition of 308 shares of Arrow Financial Corp common stock at $25.37 per share, plus 90 shares via DRIP.

Summary

• On April 9, 2025, Mark Behan, a director of Arrow Financial Corp, acquired 308 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, Behan directly owns 11,035 shares of Arrow Financial Corp.
• The filing also discloses that 90 shares were acquired under the company's DRIP (Dividend Reinvestment Plan) since January 29, 2025, which were not required to be reported on a Form 4 but are being furnished to disclose total holdings.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of stock acquisition by a company director. There is no indication of positive or negative sentiment related to the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it represents a small change in ownership by a director.

Key Dates

Keywords

Form 4, insider trading, beneficial ownership, director, stock acquisition, ARROW, Arrow Financial Corp, DRIP, dividend reinvestment plan