Form 4: Arrow Financial Director Acquires Shares as Part of Quarterly Retainer

Arrow Financial Corp Director Colin L. Read acquired 307 shares of common stock at $27.47 per share as part of his quarterly retainer payment.

Summary

• Colin L. Read, a Director of Arrow Financial Corp (AROW), acquired 307 shares of common stock on July 9, 2025.
• The shares were acquired at a price of $27.47 per share.
• This acquisition was identified as a 'Quarterly Director's Retainer Payment'.
• Following this transaction, Colin L. Read directly beneficially owns 29,099 shares of Common Stock.
• Additionally, 3,020 shares are indirectly held by his wife, though the reporting person disclaims beneficial ownership of these securities.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates an insider acquiring shares, even if for compensation, which can be viewed as a routine but positive sign of alignment with shareholder interests.

Positives

• An insider (Director Colin L. Read) acquired additional shares in the company, which can signal confidence in the company's future, even if for compensation.

Future Outlook

N/A

Industry Context

N/A

Related Party Transactions

• The acquisition of 307 shares by Director Colin L. Read at $27.47 per share constitutes a related party transaction, as it is a 'Quarterly Director's Retainer Payment'.

Stakeholder Impact

• Shareholders: The transaction provides transparency into director compensation practices and changes in insider ownership, which can influence investor confidence and perception of management alignment.

Key Dates

Keywords

Arrow Financial Corp, AROW, Form 4, Insider Transaction, Director Compensation, Stock Acquisition, Beneficial Ownership, Colin L. Read