Form 4: Director Raymond F. O'Conor Reports Stock Gift

Arrow Financial Corp Director Raymond F. O'Conor reported a gift of 300 shares of common stock.

Summary

• Director Raymond F. O'Conor gifted 300 shares of Arrow Financial Corp (AROW) common stock on June 10, 2026.
• The transaction was executed as a gift (Code G) with a price of $0.
• Following this transaction, the director maintains a direct beneficial ownership of 30,455 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a gift rather than a market sale, indicating no change in the director's confidence in the company.

Positives

• The director maintains a significant remaining stake of 30,455 shares in the company.

Negatives

• The director reduced their total holdings by 300 shares.

Risks

• None identified in this filing.

Future Outlook

Not applicable.

Industry Context

StockSavvy.ai notes that insider gifts are common estate planning or philanthropic activities and generally do not signal a change in management's outlook on the company's financial performance.

Comparison to Industry Standards

• Insider transactions involving gifts are standard practice for directors at regional banking institutions like Arrow Financial Corp.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a gift and not a divestment.

Next Steps

• None.

Key Dates

Keywords

Arrow Financial Corp, AROW, Form 4, Insider Trading, Director, Stock Gift