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ARROW FINANCIAL CORP

AROW Net selling
CIK 0000717538 #2829 in the set updated 18 Sep 2026
Bought (120 mo)
$1.84M
out of their own pocket, the only kind of buying there is
Sold (120 mo)
$3.38M
$500.14K on a plan · $0.00 straight out of an exercise
Sold at will
$2.88M
87 of 96 sales
Net
−$1.54M
−$1.04M against sales at will

By person

29 insiders · 234 transactions
5.4×

David S. DeMarco holds 5.4 times base salary in stock. $3.93M of shares against $715.85K in salary for 2025.

Salary from the company's own proxy. The shares are what David S. DeMarco last reported holding, valued at $38.59, the price Common Stock was last bought or sold at on the open market here, on 17 Jun 2026.

Insider
Role
Bought
Sold
Net
Holding
Of company
Worth
Change
O'Conor Raymond F
Director
—
$1.03M (36)
−$1.03M
31,085
0.1678%
$1.20M
−46.1%
DeMarco David S.
President & CEO
$96.45K (1)
$885.98K (13)
−$789.53K
101,896
0.5501%
$3.93M
+103.9%
Ivanov Penko Krassimir
SEVP, Treasurer and CFO
$585.06K (8)
—
+$585.06K
31,045
0.1676%
$1.20M
+2,941%
DAKE GARY C
Director
$223.31K (6)
$528.72K (5)
−$305.41K
64,635
0.3489%
$2.49M
+11.1%
Clarke Michael B
Director
—
$236.81K (1)
−$236.81K
27,256
0.1471%
$1.05M
−13.7%
White Daniel James
Director
$149.43K (2)
—
+$149.43K
8,234
0.0445%
$317.75K
+12,568%
Behan Mark
Director
$18.86K (2)
$158.60K (1)
−$139.74K
10,851
0.0586%
$418.74K
+241.1%
Goodemote Terry R
EVP & CFO
$99.26K (1)
—
+$99.26K
15,928
0.0860%
$614.66K
−13.8%
Read Colin L
Director
$382.71K (4)
$286.72K (30)
+$95.99K
33,583
0.1813%
$1.30M
+233.0%
HOY THOMAS L
Director
$82.23K (1)
$168.10K (4)
−$85.87K
227,294
1.23%
$8.77M
+0.3%
Wise Andrew J
SEVP, Chief Risk Officer
$72.82K (3)
—
+$72.82K
25,818
0.1394%
$996.32K
+160.7%
Miller Elizabeth
Director
$80.70K (1)
$16.87K (2)
+$63.83K
45,928
0.2479%
$1.77M
+50.7%
REISMAN RICHARD J DMD
Director
—
$25.05K (1)
−$25.05K
20,039
0.1082%
$773.31K
+31.4%
OWENS WILLIAM L
Director
$27.73K (2)
$4.09K (2)
+$23.64K
16,493
0.0890%
$636.46K
+129.5%
Kaiser David D
CCO & SEVP
$24.99K (1)
$37.55K (1)
−$12.55K
35,711
0.1928%
$1.38M
+72.5%
KRUCZLNICKI DAVID G
Director
—
—
—
60,619
0.3273%
$2.34M
+31.6%
Murphy Thomas J.
President & CEO
—
—
—
58,919
0.3181%
$2.27M
+16.1%
MOYNEHAN DAVID L
Director
—
—
—
43,799
0.2364%
$1.69M
+1.5%
Casaccio Tenee R
Director
—
—
—
28,660
0.1547%
$1.11M
+66.6%
Dawsey James M
Director
—
—
—
20,596
0.1112%
$794.80K
+24.2%
Yrsha Marc
SEVP, Chief Banking Officer
—
—
—
14,132
0.0763%
$545.35K
+148.1%
Jacobs Michael Joseph
EVP, Chief Information Officer
—
—
—
12,571
0.0679%
$485.11K
+78.9%
CHAMPION GREGORY J
Director
—
—
—
12,000
0.0648%
$463.08K
+191.5%
Morris Philip C
Director
—
—
—
8,744
0.0472%
$337.43K
+84.5%
CARUSONE JOHN J JR
Director
—
—
—
7,580
0.0409%
$292.51K
+2.8%
Pancoe Brooke M
EVP, Chief HR Officer
—
—
—
7,145
0.0386%
$275.73K
+212.3%
Duffy Kristine D
Director
—
—
—
6,408
0.0346%
$247.28K
+75.4%
Jahnel Darrin
Director
—
—
—
821
0.0044%
$31.68K
+20,425%
Campanella Edward J
SVP, Treasurer & CFO
—
—
—
199
0.0011%
$7.68K
0.0%

Individual transactions

87
Insider
Date
Role
Action
Shares
Price
Amount
Behan Mark
17 Jun 2026
Director
Sell
4,110
$38.59
$158.60K
O'Conor Raymond F
15 Aug 2024
Director
Sell
2,000
$28.13
$56.26K
O'Conor Raymond F
10 May 2024
Director
Sell
4,000
$23.63
$94.54K
Read Colin L
6 Feb 2023
Director
Sell
300
$31.70
$9.51K
Read Colin L
3 Feb 2023
Director
Sell
300
$32.47
$9.74K
Read Colin L
2 Feb 2023
Director
Sell
300
$32.48
$9.74K
Read Colin L
1 Feb 2023
Director
Sell
300
$32.55
$9.77K
Read Colin L
31 Jan 2023
Director
Sell
300
$33.00
$9.90K
Read Colin L
30 Jan 2023
Director
Sell
300
$32.75
$9.82K
Read Colin L
27 Jan 2023
Director
Sell
300
$32.70
$9.81K
Read Colin L
26 Jan 2023
Director
Sell
300
$32.56
$9.77K
Read Colin L
25 Jan 2023
Director
Sell
300
$32.65
$9.80K
Read Colin L
24 Jan 2023
Director
Sell
300
$33.21
$9.96K
Read Colin L
23 Jan 2023
Director
Sell
300
$33.37
$10.01K
Read Colin L
20 Jan 2023
Director
Sell
300
$33.19
$9.96K
Read Colin L
19 Jan 2023
Director
Sell
300
$33.04
$9.91K
Read Colin L
18 Jan 2023
Director
Sell
300
$32.85
$9.86K
Read Colin L
17 Jan 2023
Director
Sell
300
$33.32
$10.00K
Read Colin L
13 Jan 2023
Director
Sell
300
$33.64
$10.09K
Read Colin L
12 Jan 2023
Director
Sell
300
$33.58
$10.07K
Read Colin L
11 Jan 2023
Director
Sell
300
$33.22
$9.96K
Read Colin L
10 Jan 2023
Director
Sell
300
$33.31
$9.99K
Read Colin L
9 Jan 2023
Director
Sell
300
$34.50
$10.35K
Read Colin L
5 Jan 2023
Director
Sell
300
$33.56
$10.07K
Read Colin L
5 Jan 2023
Director
Sell
300
$33.25
$9.97K
Read Colin L
4 Jan 2023
Director
Sell
300
$33.94
$10.18K
Read Colin L
3 Jan 2023
Director
Sell
300
$33.93
$10.18K
Read Colin L
30 Dec 2022
Director
Sell
300
$34.04
$10.21K
OWENS WILLIAM L
23 Nov 2022
Director
Sell
2
$34.76
$69.51
OWENS WILLIAM L
23 Nov 2022
Director
Sell
116
$34.67
$4.02K
DeMarco David S.
22 Aug 2022
SVP
Sell
175
$34.35
$6.01K
O'Conor Raymond F
9 Nov 2021
Director
Sell
800
$36.57
$29.26K
DeMarco David S.
30 Apr 2021
SVP
Sell
5,797
$35.31
$204.69K
DeMarco David S.
3 Dec 2020
SVP
Sell
1,412
$30.00
$42.36K
DeMarco David S.
20 Nov 2020
SVP
Sell
4,500
$29.86
$134.38K
DeMarco David S.
20 Nov 2020
SVP
Sell
100
$29.78
$2.98K
O'Conor Raymond F
12 Aug 2020
Director
Sell
64
$30.00
$1.92K
O'Conor Raymond F
11 Aug 2020
Director
Sell
206
$30.00
$6.18K
O'Conor Raymond F
3 Jun 2020
Director
Sell
300
$30.00
$9.00K
O'Conor Raymond F
27 May 2020
Director
Sell
300
$30.00
$9.00K
O'Conor Raymond F
29 Apr 2020
Director
Sell
300
$30.00
$9.00K
Read Colin L
18 Mar 2020
Director
Sell
680
$26.74
$18.18K
Read Colin L
16 Mar 2020
Director
Sell
92
$25.30
$2.33K
Read Colin L
12 Mar 2020
Director
Sell
239
$25.45
$6.08K
O'Conor Raymond F
2 Mar 2020
Director
Sell
300
$31.80
$9.54K
O'Conor Raymond F
3 Feb 2020
Director
Sell
300
$35.09
$10.53K
O'Conor Raymond F
2 Jan 2020
Director
Sell
300
$37.79
$11.34K
DAKE GARY C
9 Dec 2019
Director
Sell
1,909
$35.35
$67.48K
HOY THOMAS L
9 Dec 2019
Director
Sell
1,000
$35.57
$35.57K
O'Conor Raymond F
2 Dec 2019
Director
Sell
300
$35.62
$10.69K
DeMarco David S.
20 Nov 2019
SVP
Sell
250
$36.26
$9.06K
DAKE GARY C
11 Nov 2019
Director
Sell
3,500
$35.17
$123.10K
HOY THOMAS L
5 Nov 2019
Director
Sell
1,500
$36.05
$54.07K
O'Conor Raymond F
1 Nov 2019
Director
Sell
300
$35.21
$10.56K
O'Conor Raymond F
15 Oct 2019
Director
Sell
300
$32.60
$9.78K
DAKE GARY C
15 Oct 2019
Director
Sell
3,500
$32.22
$112.77K
DAKE GARY C
9 Sep 2019
Director
Sell
3,500
$32.01
$112.04K
DeMarco David S.
5 Sep 2019
SVP
Sell
990
$32.50
$32.18K
DeMarco David S.
30 Aug 2019
SVP
Sell
2,803
$32.50
$91.10K
DeMarco David S.
29 Aug 2019
SVP
Sell
100
$32.50
$3.25K
DAKE GARY C
12 Aug 2019
Director
Sell
3,500
$32.38
$113.33K
DeMarco David S.
8 Aug 2019
SVP
Sell
1,792
$33.00
$59.14K
Read Colin L
3 Jun 2019
Director
Sell
219
$32.20
$7.05K
Read Colin L
31 May 2019
Director
Sell
138
$32.10
$4.43K
REISMAN RICHARD J DMD
1 Mar 2019
Director
Sell indirect
713
$35.14
$25.05K
O'Conor Raymond F
15 Nov 2018
Director
Sell
500
$34.02
$17.01K
O'Conor Raymond F
15 Oct 2018
Director
Sell
500
$34.58
$17.29K
O'Conor Raymond F
14 Sep 2018
Director
Sell
500
$38.55
$19.28K
Kaiser David D
29 Aug 2018
SVP
Sell
963
$38.99
$37.55K
O'Conor Raymond F
15 Aug 2018
Director
Sell
500
$39.85
$19.93K
O'Conor Raymond F
30 Jul 2018
Director
Sell
1,000
$38.89
$38.89K
O'Conor Raymond F
16 Jul 2018
Director
Sell
500
$37.50
$18.75K
O'Conor Raymond F
15 Jun 2018
Director
Sell
500
$35.85
$17.93K
DeMarco David S.
23 May 2018
SVP
Sell
4,019
$37.52
$150.79K
O'Conor Raymond F
15 May 2018
Director
Sell
500
$36.15
$18.08K
O'Conor Raymond F
16 Apr 2018
Director
Sell
500
$34.20
$17.10K
Miller Elizabeth
27 Mar 2018
Director
Sell indirect
300
$33.75
$10.13K
O'Conor Raymond F
15 Mar 2018
Director
Sell
500
$34.40
$17.20K
O'Conor Raymond F
15 Feb 2018
Director
Sell
500
$33.20
$16.60K
O'Conor Raymond F
16 Jan 2018
Director
Sell
500
$34.35
$17.18K
O'Conor Raymond F
15 Dec 2017
Director
Sell
500
$35.10
$17.55K
HOY THOMAS L
17 Nov 2017
Director
Sell
1,300
$35.16
$45.71K
DeMarco David S.
2 Nov 2017
SVP
Sell
4,141
$35.30
$146.18K
HOY THOMAS L
8 Jun 2017
Director
Sell
1,000
$32.75
$32.75K
DeMarco David S.
22 May 2017
SVP
Sell
120
$32.20
$3.86K
Miller Elizabeth
12 May 2017
Director
Sell indirect
205
$32.88
$6.74K
Clarke Michael B
16 Nov 2016
Director
Sell
6,279
$37.71
$236.81K
Show all 234 transactions →

What was left out

Form 4 filings counted 641
Amendments (4/A) skipped 12
Filings about a different issuer 0
Unreadable filings 0
Joint filings 0
Sales on a Rule 10b5-1 plan 9
Sales straight out of an exercise 0
Sales at will 87
Transactions with no price 0
Shares from compensation/vesting 680,366
Sales filed before the plan box existed 84
History held since 16 Nov 2016