Gregory J. Champion - 08 Oct 2025 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Role: Director
Signature: Penko Ivanov, Attorney in Fact
Issuer symbol: AROW
Transactions as of: 08 Oct 2025
Net transactions value: +$7,401
Form type: 4
Filing time: 10 Oct 2025, 14:00:36 UTC
Previous filing: 11 Jul 2025
Next filing: 04 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
CHAMPION GREGORY J	Director	30 KETTLES WAY, QUEENSBURY	Penko Ivanov, Attorney in Fact	10 Oct 2025	0001288542

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AROW	Common Stock	Other	$7,401	+271	+2.8%	$27.31	10,041	08 Oct 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Quarterly Director's Retainer Payment
F2	The information provided reflects 84 shares acquired under the Company's DRIP since July 09, 2025, which were not required to be reported on a Form 4. This information is being furnished to disclose the total holdings of the insider as of the date of this Form 4.