Penko Krassimir Ivanov - 28 Jan 2026 Form 4 Insider Report for ARROW FINANCIAL CORP (AROW)

Reporting relationship: SEVP, Treasurer and CFO
Issuer ticker: AROW
Reported as of: 28 Jan 2026
Net transaction value: +$147,816
SEC form: 4
Accepted by SEC: 02 Feb 2026, 16:40:25 UTC
Prior SEC filing: 05 Nov 2025
Source filing: View source filing
Reporting owner signature: Penko Ivanov

Key filing fact

Penko Krassimir Ivanov filed Form 4 for ARROW FINANCIAL CORP (AROW) on 02 Feb 2026.

Key facts

This page summarizes Penko Krassimir Ivanov's Form 4 filing for ARROW FINANCIAL CORP (AROW).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 02 Feb 2026, 16:40.

Change

Previous filing in this sequence was filed on 05 Nov 2025.
Current net transaction value: +$147,816.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001577827 Primary reporting owner

Ivanov Penko Krassimir

Relationship: SEVP, Treasurer and CFO
Address: 16 WHITBECK DRIVE, QUEENSBURY
Signature: Penko Ivanov
Signature date: 02 Feb 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AROW transaction

Common Stock

Award

Transaction value: $147,816
Shares: +4,558
Change %: +17%
Price: $32.43
Shares after: 31,045
Date: 28 Jan 2026
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The restricted stock vests 25% per year on January 28, 2027, January 28, 2028, January 28, 2029, and January 28, 2030.

Footnote F2

The information provided reflects 7 shares acquired under the Company's DRIP and 96 shares acquired via ESPP purchases since November 04, 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.