Company · CIK 0000717538 · SIC 6021 — National Commercial Banks · Nasdaq

ARROW FINANCIAL CORP · AROW

Insider activity reported against this company. All insider holders · On EDGAR ↗

Period1M 3M 6M 1Y 2Y All datashares as filed — not split-adjusted

Open-market buys & salesbuys $64k · 2sales $1.8M · 38net −$1.8M

Reported at this company — common stock

Trade	Reported (ET)	Insider	Shares	Avg price	Total	Owned after	Δ stake	Flags
Oct 26, 2017 GForm 4 →	Nov 21, 6:33 am EST	Thomas L HoyDirector	1,146	—	—	174,915	—	plan? late
Oct 26, 2017 FMForm 4 →	Oct 27, 10:57 am EDT	David D KaiserSVP	4,646	$23.37	$108,575	9,782	—	plan?
Oct 5, 2017 GJForm 4 →	Dec 1, 4:26 pm EST	Michael B ClarkeDirector	1,128	$36.80	$7,765	13,400	—	plan? late
Jun 8, 2017 SForm 4 →	Jun 9, 11:35 am EDT	Thomas L HoyDirector	1,000	$32.75	$32,750	170,934	−0.58%	plan?
Jun 7, 2017 FMForm 4 →	Jun 8, 3:06 pm EDT	David G KruczlnickiDirector	3,877	$24.33	$94,323	30,752	—	plan?
May 31, 2017 JForm 4/A →	Mar 14, 2018, 6:53 pm EDT	Elizabeth MillerDirector	245	$31.65	$7,754	15,787	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:54 pm EDT	Colin L ReadDirector	245	$31.65	$7,754	7,149	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:54 pm EDT	William L OwensDirector	245	$31.65	$7,754	4,547	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:54 pm EDT	David L MoynehanDirector	245	$31.65	$7,754	39,792	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:53 pm EDT	Richard J Dmd ReismanDirector	245	$31.65	$7,754	9,423	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:53 pm EDT	Raymond F O'ConorDirector	245	$31.65	$7,754	48,617	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:53 pm EDT	Mark BehanDirector	245	$31.65	$7,754	1,350	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:52 pm EDT	Gary C DakeDirector	245	$31.65	$7,754	35,979	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:52 pm EDT	David G KruczlnickiDirector	245	$31.65	$7,754	29,827	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:52 pm EDT	Tenee R CasaccioDirector	245	$31.65	$7,754	8,024	—	plan?
May 31, 2017 JForm 4 →	Jun 1, 4:51 pm EDT	Elizabeth MillerDirector	245	$31.65	$7,754	15,787	—	plan? amended
May 22, 2017 SForm 4 →	May 23, 9:03 am EDT	David S. DeMarcoSVP	120	$32.20	$3,864	22,397	−0.53%	plan?
May 12, 2017 SForm 4 →	Mar 14, 2018, 6:31 pm EDT	Elizabeth MillerDirector	205	$32.88	$6,740	5,529	−3.58%	plan? late
May 4, 2017 GJForm 4 →	Jun 1, 4:55 pm EDT	Thomas L HoyDirector	999	$31.65	$7,754	171,934	—	plan? late
Mar 31, 2017 GJForm 4 →	Jun 1, 4:55 pm EDT	Michael B ClarkeDirector	595	$31.65	$7,754	13,900	—	plan? late
Mar 13, 2017 FGMForm 4 →	Apr 28, 3:13 pm EDT	Thomas L HoyDirector	13,978	$24.89	$341,061	172,443	—	plan? late
Feb 14, 2017 FMForm 4 →	Feb 15, 3:22 pm EST	Thomas J. MurphyPresident & CEO, Director	14,189	$29.34	$416,360	36,737	—	plan?
Jan 30, 2017 JForm 4/A →	Mar 14, 2018, 6:23 pm EDT	Elizabeth MillerDirector	142	$35.25	$5,006	15,417	—	plan?
Jan 30, 2017 JForm 4 →	Jan 30, 7:12 pm EST	Raymond F O'ConorDirector	142	$35.25	$5,006	48,359	—	plan?
Jan 30, 2017 JForm 4 →	Jan 30, 7:12 pm EST	Mark BehanDirector	142	$35.25	$5,006	1,098	—	plan?
Jan 30, 2017 JForm 4 →	Jan 30, 7:11 pm EST	Elizabeth MillerDirector	142	$35.25	$5,006	15,417	—	plan? amended
Dec 21, 2016 GForm 4 →	Jan 26, 2017, 6:24 pm EST	Richard J Dmd ReismanDirector	40	—	—	9,050	—	plan? late
Dec 13, 2016 GForm 4 →	Jan 26, 2017, 6:25 pm EST	Thomas J. MurphyPresident & CEO, Director	500	—	—	35,107	—	plan? late
Dec 12, 2016 GForm 4 →	Jan 26, 2017, 6:25 pm EST	Michael B ClarkeDirector	250	—	—	14,250	—	plan? late
Dec 7, 2016 GForm 4 →	Jan 26, 2017, 6:25 pm EST	Gary C DakeDirector	66	—	—	35,354	—	plan? late
Dec 5, 2016 GForm 4 →	Jan 26, 2017, 6:25 pm EST	Thomas L HoyDirector	1,555	—	—	170,459	—	plan? late
Dec 5, 2016 PForm 4 →	Dec 6, 1:09 pm EST	Terry R GoodemoteEVP & CFO	2,556	$38.83	$99,257	15,786	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:26 pm EST	John J Carusone Jr.Director	204	$37.85	$7,721	7,532	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:25 pm EST	William L OwensDirector	204	$37.85	$7,721	4,270	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:25 pm EST	Colin L ReadDirector	204	$37.85	$7,721	6,853	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:25 pm EST	Tenee R CasaccioDirector	204	$37.85	$7,721	7,507	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:24 pm EST	David G KruczlnickiDirector	204	$37.85	$7,721	29,184	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:24 pm EST	Richard J Dmd ReismanDirector	204	$37.85	$7,721	9,007	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:24 pm EST	David L MoynehanDirector	204	$37.85	$7,721	39,016	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:23 pm EST	Michael B ClarkeDirector	204	$37.85	$7,721	904	—	plan?
Nov 30, 2016 JForm 4 →	Dec 1, 4:23 pm EST	Gary C DakeDirector	204	$37.85	$7,721	34,987	—	plan?
Nov 18, 2016 FGMForm 4 →	Nov 28, 4:53 pm EST	Gary C DakeDirector	1,330	$29.64	$37,826	34,783	—	plan? late
Nov 16, 2016 SForm 4 →	Nov 17, 1:51 pm EST	Michael B ClarkeDirector	6,279	$37.71	$236,811	700	−90.0%	plan?
Aug 19, 2016 GMForm 4 →	Nov 16, 4:35 pm EST	Michael B ClarkeDirector	7,220	$21.52	$135,146	14,500	—	plan? late
Jul 28, 2016 SForm 4 →	Jul 28, 3:56 pm EDT	David S. DeMarcoSVP	4,019	$31.90	$128,207	20,547	−16.4%	plan?
Jul 27, 2016 MForm 4 →	Jul 28, 3:56 pm EDT	David S. DeMarcoSVP	4,019	$21.40	$86,007	24,566	—	plan?
Jul 25, 2016 FMForm 4 →	Jul 26, 4:01 pm EDT	Gary C DakeDirector	8,665	$26.01	$225,369	33,119	—	plan?
Jul 25, 2016 SForm 4 →	Jul 26, 4:00 pm EDT	Michael B ClarkeDirector	2,000	$31.92	$63,834	674	−74.8%	plan?
Jun 10, 2016 GJForm 4 →	Dec 1, 4:26 pm EST	Thomas L HoyDirector	2,271	$37.85	$7,721	172,014	—	plan? late
Jun 9, 2016 FMForm 4 →	Jun 13, 4:57 pm EDT	David D KaiserSVP	5,129	$24.24	$124,346	6,814	—	plan?
Jun 6, 2016 SForm 4 →	Jun 8, 3:54 pm EDT	Thomas L HoyDirector	1,000	$28.84	$28,839	168,862	−0.59%	plan?
May 26, 2016 JForm 4 →	May 27, 4:43 pm EDT	Tenee R CasaccioDirector	268	$28.89	$7,743	6,786	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:42 pm EDT	Thomas L HoyDirector	268	$28.89	$7,743	169,862	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:42 pm EDT	Richard J Dmd ReismanDirector	268	$28.89	$7,743	8,311	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:42 pm EDT	Colin L ReadDirector	268	$28.89	$7,743	6,249	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:41 pm EDT	John J Carusone Jr.Director	268	$28.89	$7,743	7,002	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:41 pm EDT	William L OwensDirector	268	$28.89	$7,743	3,916	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:40 pm EDT	David G KruczlnickiDirector	268	$28.89	$7,743	27,689	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:39 pm EDT	Michael B ClarkeDirector	268	$28.89	$7,743	2,652	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:39 pm EDT	Gary C DakeDirector	268	$28.89	$7,743	30,948	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:39 pm EDT	David L MoynehanDirector	268	$28.89	$7,743	37,022	—	plan?
May 26, 2016 JForm 4 →	May 27, 4:39 pm EDT	John J MurphyDirector	173	$28.89	$4,998	43,591	—	plan?
May 24, 2016 FMForm 4 →	May 25, 4:44 pm EDT	Terry R GoodemoteEVP & CFO	11,722	$22.88	$268,203	17,973	—	plan?
May 20, 2016 SForm 4 →	May 24, 2:27 pm EDT	David S. DeMarcoSVP	230	$28.50	$6,555	20,529	−1.11%	plan?
May 20, 2016 SForm 4 →	May 24, 2:26 pm EDT	John J Carusone Jr.Director	834	$28.50	$23,771	6,734	−11.0%	plan?
May 11, 2016 MForm 4 →	May 12, 8:42 am EDT	David L MoynehanDirector	4,529	$21.65	$98,067	36,754	—	plan?
Apr 27, 2016 SForm 4 →	Apr 29, 11:19 am EDT	Thomas L HoyDirector	2,000	$28.60	$57,200	169,594	−1.17%	plan?
Apr 15, 2016 GForm 4 →	Apr 29, 11:19 am EDT	Thomas L HoyDirector	245	—	—	171,594	—	plan? late
Mar 10, 2016 SForm 4 →	Mar 14, 8:58 am EDT	John J Carusone Jr.Director	350	$26.04	$9,113	7,470	−4.48%	plan?
Mar 2, 2016 SForm 4 →	Mar 3, 5:31 pm EST	Richard J Dmd ReismanDirector	2,000	$26.32	$52,632	7,911	−20.2%	plan?
Feb 29, 2016 FMForm 4 →	Mar 2, 4:24 pm EST	Thomas J. MurphyPresident & CEO, Director	41,471	$24.94	$1,034,097	32,901	—	plan?
Jan 14, 2016 WForm 4 →	Jan 29, 12:33 pm EST	John J MurphyDirector	1,464	—	—	43,398	—	plan? late
Jan 14, 2016 WForm 4 →	Jan 29, 12:32 pm EST	David L MoynehanDirector	1,464	—	—	1,464	—	plan? late
Dec 17, 2015 GForm 4 →	Jan 29, 2016, 12:33 pm EST	Richard J Dmd ReismanDirector	50	—	—	9,871	—	plan? late
Dec 9, 2015 SForm 4 →	Dec 10, 3:56 pm EST	Colin L ReadDirector	1,500	$27.92	$41,880	5,784	−20.6%	plan?
Dec 2, 2015 GForm 4 →	Jan 29, 2016, 12:33 pm EST	Thomas L HoyDirector	441	—	—	171,839	—	plan? late
Nov 23, 2015 GForm 4 →	Jan 29, 2016, 12:33 pm EST	Michael B ClarkeDirector	500	—	—	15,000	—	plan? late
Nov 19, 2015 JForm 4 →	Nov 20, 5:32 pm EST	David G KruczlnickiDirector	276	$28.07	$7,747	26,920	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:31 pm EST	Tenee R CasaccioDirector	276	$28.07	$7,747	6,178	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:31 pm EST	John J MurphyDirector	178	$28.07	$4,996	41,916	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:31 pm EST	William L OwensDirector	276	$28.07	$7,747	3,616	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:31 pm EST	Gary C DakeDirector	276	$28.07	$7,747	29,657	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:30 pm EST	David L MoynehanDirector	276	$28.07	$7,747	31,550	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:30 pm EST	Colin L ReadDirector	276	$28.07	$7,747	7,248	—	plan?
Nov 19, 2015 JForm 4 →	Nov 20, 5:30 pm EST	Richard J Dmd ReismanDirector	276	$28.07	$7,747	9,795	—	plan?
Nov 10, 2015 SForm 4 →	Nov 10, 4:58 pm EST	David S. DeMarcoSVP	4,264	$28.15	$120,032	19,155	−18.2%	plan?
Nov 9, 2015 MForm 4 →	Nov 10, 4:58 pm EST	David S. DeMarcoSVP	4,264	$20.41	$87,028	23,419	—	plan?
Nov 2, 2015 SForm 4 →	Nov 3, 3:03 pm EST	Terry R GoodemoteEVP & CFO	1,393	$27.58	$38,413	14,321	−8.86%	plan?
Nov 2, 2015 SForm 4 →	Nov 3, 12:44 pm EST	John J Carusone Jr.Director	1,200	$27.58	$33,091	7,378	−14.0%	plan?
Oct 30, 2015 GJForm 4 →	Nov 20, 5:32 pm EST	Thomas L HoyDirector	1,396	$28.07	$7,747	172,280	—	plan? late
Oct 23, 2015 FMForm 4 →	Nov 3, 12:45 pm EST	Terry R GoodemoteEVP & CFO	8,195	$23.31	$190,999	15,714	—	plan? late
Sep 10, 2015 SForm 4 →	Sep 11, 12:48 pm EDT	Richard J Dmd ReismanDirector	2,000	$27.07	$54,138	9,191	−17.9%	plan?
Aug 5, 2015 FForm 4 →	Aug 7, 3:05 pm EDT	Thomas L HoyDirector	1,193	$27.99	$33,392	169,730	—	plan?
Jul 8, 2015 GJForm 4 →	Nov 20, 5:32 pm EST	Michael B ClarkeDirector	786	$28.07	$7,747	15,500	—	plan? late
Jun 15, 2015 FGMForm 4 →	Jul 27, 12:50 pm EDT	Thomas L HoyDirector	17,302	$23.28	$398,432	170,922	—	plan? late
May 28, 2015 JForm 4 →	Jun 1, 12:23 pm EDT	John J MurphyDirector	189	$26.40	$4,990	40,884	—	plan?
May 28, 2015 JForm 4 →	Jun 1, 12:23 pm EDT	David L MoynehanDirector	293	$26.40	$7,735	30,012	—	plan?
May 28, 2015 JForm 4 →	Jun 1, 12:23 pm EDT	Gary C DakeDirector	293	$26.40	$7,735	27,839	—	plan?
May 28, 2015 JForm 4 →	Jun 1, 12:23 pm EDT	Tenee R CasaccioDirector	293	$26.40	$7,735	5,459	—	plan?
May 28, 2015 JForm 4 →	Jun 1, 12:22 pm EDT	David G KruczlnickiDirector	293	$26.40	$7,735	25,643	—	plan?

Reported at this company — derivatives (options, RSUs, warrants)

Trade	Reported (ET)	Insider	Shares	Avg price	Total	Owned after	Δ stake	Flags
Jan 28, 2015 AForm 4 →	Jan 29, 5:29 pm EST	Colin L ReadDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 5:18 pm EST	John J MurphyDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 4:50 pm EST	David L MoynehanDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 4:33 pm EST	Elizabeth Oc LittleDirector	1,000	—	—	1,000	—
Jan 28, 2015 JForm 4 →	Jan 29, 3:52 pm EST	David G KruczlnickiDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 2:51 pm EST	Gary C DakeDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 2:41 pm EST	Michael B ClarkeDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 2:27 pm EST	Tenee R CasaccioDirector	1,000	—	—	1,000	—
Jan 28, 2015 AForm 4 →	Jan 29, 2:07 pm EST	John J Carusone Jr.Director	1,000	—	—	1,000	—
Jan 25, 2015 AForm 4 →	Jan 29, 6:04 pm EST	Terry R GoodemoteEVP & CFO	5,000	—	—	5,000	—	late