Arrow Financial Corp (AROW) Insider Ownership

Historic Insider Ownership Trends

As of April 11, 2026, Arrow Financial's top three insider holders are Thomas L Hoy (Chairman Ceo, 190.63K shares), David S. Demarco (President Ceo, 91.19K shares), Gary C Dake (Director, 64.64K shares).

Top Direct Holders

Insider ownership data is derived from the last 60 months of Form 4 SEC filings.
Holder Position Shares (Direct) Shares (Indirect) Report Date
Thomas L Hoy Chairman Ceo 190,629 0 30 May, 2023
David S. Demarco President Ceo 91,189 0 02 Feb, 2026
Gary C Dake - 64,635 0 09 Apr, 2025
David G Kruczlnicki - 60,400 0 20 Mar, 2026
Thomas J. Murphy President Ceo 58,919 0 03 Aug, 2021
Elizabeth Miller - 40,576 0 20 Mar, 2026
Penko Krassimir Ivanov Sevp, Treasurer And Cfo 31,045 0 02 Feb, 2026
Raymond F O'Conor Svp 30,755 0 20 Mar, 2026
Colin L Read - 30,376 0 20 Mar, 2026
Tenee R Casaccio - 28,162 0 20 Mar, 2026
David D Kaiser Cco Sevp 26,150 0 03 Feb, 2025
Andrew J Wise Sevp, Chief Risk Officer 25,818 0 02 Feb, 2026
Thomas L Hoy - 0 22,444 30 May, 2023
James M Dawsey - 20,072 0 20 Mar, 2026
William L Owens - 16,493 0 30 May, 2024
Marc Yrsha Sevp, Chief Banking Officer 14,132 0 02 Feb, 2026
Michael B Clarke - 0 13,998 30 Jun, 2022
Mark Behan - 13,039 0 20 Mar, 2026
Michael Joseph Jacobs Evp, Chief Information Officer 12,571 0 02 Feb, 2026
Gregory J Champion - 11,515 0 20 Mar, 2026
Daniel James White - 8,001 0 20 Mar, 2026
Philip C Morris - 7,507 0 20 Mar, 2026
Brooke M Pancoe Evp, Chief Hr Officer 7,145 0 02 Feb, 2026
Kristine D Duffy - 6,202 0 20 Mar, 2026
David D Kaiser Svp 0 5,982 07 Nov, 2023
David S. Demarco President Ceo 0 3,035 30 Dec, 2025
Colin L Read - 0 3,020 03 Nov, 2023
Kristine D Duffy - 0 1,000 16 Oct, 2025
Darrin Jahnel - 531 0 20 Mar, 2026

* Please note that the shares above only reflect shares from the fund portfolio and the institutional portfolio. Shares from the personal portfolio are excluded from this Institutional Ownership Page. See these insiders' latest transactions here on Insider Page.

Recent Insider Transactions

Detailed insider trading activity based on Form 4 SEC filings.
Download Data
Transaction Date Insider Name Security Class Transaction Type Shares Traded Price Shares Remaining Ownership Code
18 Mar, 2026 Mark Behan Common Stock A 246 $31.76 13,039 D J
18 Mar, 2026 Gregory J Champion Common Stock A 492 $31.76 11,515 D J
18 Mar, 2026 Darrin Jahnel Common Stock A 462 $31.76 531 D J
18 Mar, 2026 Elizabeth Miller Common Stock A 453 $31.76 40,576 D J
18 Mar, 2026 David G Kruczlnicki Common Stock A 266 $31.76 60,400 D J
18 Mar, 2026 Kristine D Duffy Common Stock A 236 $31.76 6,202 D J
18 Mar, 2026 Raymond F O'Conor Common Stock A 236 $31.76 30,755 D J
18 Mar, 2026 Colin L Read Common Stock A 226 $31.76 30,376 D J
18 Mar, 2026 Daniel James White Common Stock A 266 $31.76 8,001 D J
18 Mar, 2026 James M Dawsey Common Stock A 453 $31.76 20,072 D J
18 Mar, 2026 Philip C Morris Common Stock A 236 $31.76 7,507 D J
18 Mar, 2026 Tenee R Casaccio Common Stock A 354 $31.76 28,162 D J
11 Mar, 2026 Philip C Morris Common Stock A 31 $34.49 7,271 D J
11 Feb, 2026 Philip C Morris Common Stock A 29 $35.08 7,189 D J
28 Jan, 2026 Kristine D Duffy Common Stock A 818 $32.43 5,956 D A
28 Jan, 2026 Darrin Jahnel Common Stock A 69 $32.43 69 D A
28 Jan, 2026 Elizabeth Miller Common Stock A 818 $32.43 39,985 D A
28 Jan, 2026 Daniel James White Common Stock A 818 $32.43 7,722 D A
28 Jan, 2026 Gregory J Champion Common Stock A 818 $32.43 10,943 D A
28 Jan, 2026 Philip C Morris Common Stock A 818 $32.43 7,160 D A