David G. Kruczlnicki - 19 Dec 2025 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role
Director
Signature
Penko Ivanov, Attorney in Fact
Issuer symbol
AROW
Transactions as of
19 Dec 2025
Net transactions value
-$29,535
Form type
4
Filing time
22 Dec 2025, 17:42:39 UTC
Previous filing
10 Oct 2025
Next filing
04 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KRUCZLNICKI DAVID G Director 6 SIENNA DRIVE, BALLSTON LAKE Penko Ivanov, Attorney in Fact 22 Dec 2025 0001184681

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AROW Common Stock Options Exercise $29,555 +1,093 +1.8% $27.04 60,241 19 Dec 2025 Direct
transaction AROW Common Stock Tax liability $29,535 -925 -1.5% $31.93 59,316 19 Dec 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AROW Director Stock Option (Right to Buy) Options Exercise $29,555 -1,093 -100% $27.04 0 19 Dec 2025 Common Stock 1,093 $27.04 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested in four annual equal installments on 1/27/2022, 1/27/2023, 1/27/2024 and 1/27/2025.