Form 4: Arrow Financial CEO Reports Stock Transaction
Insider Transaction (Form 4)
David S. Demarco, President & CEO of Arrow Financial Corp, reported multiple transactions in common stock on August 17, 2026.
Summary
- Option exercise/conversion: acquired 3,346 Common Stock at $27.04 ($90,476) on August 17, 2026; holds 97,455 after (Direct).
- Tax/exercise-price withholding: disposed of 2,596 Common Stock at $39.25 ($101,893) on August 17, 2026; holds 94,859 after (Direct).
- Option exercise/conversion: disposed of 3,346 Employee Stock Option (Right to Buy) on August 17, 2026; holds 2,118 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
David S. Demarco — Officer (President & CEO)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-17 | Option exercise/conversion | Common Stock | 3,346 | $27 | $90.5K | 97,455 |
| 2026-08-17 | Tax/exercise-price withholding | Common Stock | 2,596 | $39 | $101.9K | 94,859 |
| 2026-08-17 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 3,346 | — | — | 2,118 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-17 | Option exercise/conversion (3,346 shares) |
| 2026-08-17 | Tax/exercise-price withholding (2,596 shares) |
| 2026-08-17 | Option exercise/conversion (3,346 shares) |
Keywords
insider transaction, Form 4, AROW, ARROW FINANCIAL CORP, neutral, David S. Demarco
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