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Company Analysis

AROW Insider Trading

Arrow Financial Corporation | National Commercial Banks

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Arrow Financial Corporation provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the National Commercial Banks sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2017-12-15 20:38 2017-12-15 O'Conor Raymond F Director SELL $35.10 500 $17,550 49,814 -1.0%
2017-11-21 14:33 2017-11-17 HOY THOMAS L Director, Other SELL $35.16 1,300 $45,708 173,615 -0.7%
2017-11-03 00:01 2017-11-02 DeMarco David S. Officer - SVP SELL $35.30 4,141 $146,177 22,448 -15.6%
2017-06-09 18:35 2017-06-08 HOY THOMAS L Director, Other SELL $32.75 1,000 $32,750 170,934 -0.6%
2017-05-23 16:03 2017-05-22 DeMarco David S. Officer - SVP SELL $32.20 120 $3,864 22,397 -0.5%
2016-12-06 21:09 2016-12-05 Goodemote Terry R Officer - EVP & CFO BUY $38.83 2,556 $99,257 15,786 +19.3%
2016-11-17 21:51 2016-11-16 Clarke Michael B Director SELL $37.71 6,279 $236,811 700 -90.0%
2016-07-28 22:56 2016-07-28 DeMarco David S. Officer - SVP OPT+S $31.90 4,019 $128,207 20,547 0.0%
2016-07-26 23:00 2016-07-25 Clarke Michael B Director SELL $31.92 2,000 $63,834 674 -74.8%
2016-06-08 22:54 2016-06-06 HOY THOMAS L Director, Other SELL $28.84 1,000 $28,839 168,862 -0.6%
2016-05-24 21:27 2016-05-20 DeMarco David S. Officer - SVP SELL $28.50 230 $6,555 20,529 -1.1%
2016-05-24 21:26 2016-05-20 CARUSONE JOHN J JR Director SELL $28.50 834 $23,771 6,734 -11.0%
2016-04-29 18:19 2016-04-27 HOY THOMAS L Director, Other SELL $28.60 2,000 $57,200 169,594 -1.2%
2016-03-14 15:58 2016-03-10 CARUSONE JOHN J JR Director SELL $26.04 350 $9,113 7,470 -4.5%
2016-03-04 01:31 2016-03-02 REISMAN RICHARD J DMD Director SELL $26.32 2,000 $52,632 7,911 -20.2%
2015-12-10 23:56 2015-12-09 Read Colin L Director SELL $27.92 1,500 $41,880 5,784 -20.6%
2015-11-11 00:58 2015-11-10 DeMarco David S. Officer - SVP OPT+S $28.15 4,264 $120,032 19,155 0.0%
2015-11-03 23:03 2015-11-02 Goodemote Terry R Officer - EVP & CFO SELL $27.58 1,393 $38,413 14,321 -8.9%
2015-11-03 20:44 2015-11-02 CARUSONE JOHN J JR Director SELL $27.58 1,200 $33,091 7,378 -14.0%
2015-09-11 19:48 2015-09-10 REISMAN RICHARD J DMD Director SELL $27.07 2,000 $54,138 9,191 -17.9%
2015-05-21 22:55 2015-05-20 REISMAN RICHARD J DMD Director SELL $26.29 2,500 $65,725 10,716 -18.9%
2015-04-24 21:26 2015-04-24 OWENS WILLIAM L Director BUY $26.40 1,892 $49,949 2,956 +177.8%
2015-04-10 02:03 2015-04-09 OWENS WILLIAM L Director SELL $26.39 520 $13,723 1,064 -32.8%
2015-04-10 02:03 2015-04-07 OWENS WILLIAM L Director BUY $26.79 520 $13,931 1,584 +48.9%
2014-11-03 15:41 2014-10-31 REISMAN RICHARD J DMD Director SELL $27.06 2,500 $67,650 12,613 -16.5%
2014-08-20 17:45 2014-08-19 CARUSONE JOHN J JR Director SELL $26.59 765 $20,341 7,138 -9.7%
2014-08-18 23:47 2014-08-18 Clarke Michael B Director SELL $26.55 1,250 $33,188 1,324 -48.6%
2014-08-06 22:39 2014-08-06 DeMarco David S. Officer - SVP SELL $25.33 3,978 $100,763 17,472 -18.5%
2014-07-25 14:29 2014-07-24 DeMarco David S. Officer - SVP SELL $25.50 200 $5,100 17,462 -1.1%
2014-02-05 02:09 2014-02-03 Murphy Thomas J. Director, Officer - President & CEO BUY $25.05 1,000 $25,050 20,445 +5.1%
2013-11-06 18:57 2013-11-05 CARUSONE JOHN J JR Director SELL $25.81 570 $14,712 6,961 -7.6%
2013-09-10 14:40 2013-09-09 DeMarco David S. Officer - SVP SELL $26.00 390 $10,140 16,446 -2.3%
2013-09-06 23:31 2013-09-05 DeMarco David S. Officer - SVP SELL $26.25 100 $2,625 16,826 -0.6%
2013-08-16 21:53 2013-08-14 DeMarco David S. Officer - Senior Vice President SELL $26.26 2,100 $55,142 16,436 -11.3%
2013-07-30 23:11 2013-07-30 DeMarco David S. Officer - Senior Vice President OPT+S $26.64 1,800 $47,952 16,426 0.0%
2013-06-04 18:35 2013-06-03 FITZGERALD MARY ELIZABETH T Director SELL $25.00 500 $12,500 10,116 -4.7%
2013-04-30 22:44 2013-04-29 Clarke Michael B Director SELL $23.81 2,000 $47,620 2,533 -44.1%
2013-04-26 20:43 2013-04-24 FITZGERALD MARY ELIZABETH T Director SELL $23.74 400 $9,496 10,326 -3.7%
2013-04-24 18:55 2013-04-22 Murphy Thomas J. Director, Officer - President & CEO BUY $23.62 2,500 $59,050 18,194 +15.9%
2013-04-25 00:09 2013-04-23 HOY THOMAS L Director, Other BUY $23.95 1,000 $23,950 165,820 +0.6%
2013-03-27 16:00 2013-03-25 CARUSONE JOHN J JR Director SELL $24.47 689 $16,860 6,821 -9.2%
2013-03-14 01:29 2013-03-12 REISMAN RICHARD J DMD Director SELL $24.47 7,000 $171,290 12,371 -36.1%
2013-02-25 22:48 2013-02-21 Goodemote Terry R Officer - EVP & CFO SELL $24.55 69 $1,694 10,010 -0.7%
2013-02-12 01:30 2013-02-11 DeMarco David S. Officer - SVP SELL $24.50 3,900 $95,550 14,013 -21.8%
2013-01-29 00:26 2013-01-25 HOY THOMAS L Director, Other BUY $23.89 5,000 $119,450 160,907 +3.2%
2013-01-16 00:41 2013-01-15 MURPHY JOHN J Director SELL $24.75 1,500 $37,125 37,780 -3.8%
2012-12-17 21:06 2012-12-17 MURPHY JOHN J Director SELL $24.42 1,500 $36,630 39,280 -3.7%
2012-12-12 21:06 2012-12-12 DeMarco David S. Officer - SVP OPT+S $24.75 2,351 $58,187 13,991 0.0%
2012-12-12 02:05 2012-12-07 REISMAN RICHARD J DMD Director SELL $24.40 5,163 $125,951 19,082 -21.3%
2012-11-21 20:27 2011-11-20 CARUSONE JOHN J JR Director SELL $23.86 813 $19,398 6,908 -10.5%
SHOW ENTRIES

How to Interpret $AROW Trades

Not every insider transaction in Arrow Financial Corporation is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $AROW shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for AROW

Insider activity data for Arrow Financial Corporation is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $AROW, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.