Form 4: Arrow Financial Corp Director Sells 2,000 Shares Under 10b5-1 Plan

Raymond F. O'Conor, a director of Arrow Financial Corp, sold 2,000 shares of common stock at a price of $25.94 per share on April 1, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On April 1, 2025, Raymond F. O'Conor, a director at Arrow Financial Corp, sold 2,000 shares of the company's common stock.
• The sale was executed at a price of $25.94 per share.
• The transaction was conducted under a pre-existing 10b5-1 trading plan established on May 14, 2024.
• Following the transaction, O'Conor directly owns 31,022 shares of Arrow Financial Corp.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission (SEC).

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by a company director under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment, but rather a standard corporate governance practice.

Industry Context

Directors and officers often use 10b5-1 plans to sell company stock to avoid accusations of insider trading. These plans are established in advance and allow for sales at predetermined times and prices.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates

Keywords

Form 4, Arrow Financial Corp, Director, Stock Sale, 10b5-1 Plan, AROW, O'Conor