Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

ARROW FINANCIAL CORP

AROW · Nasdaq · CIK 0000717538 · Financial Services · Banks—Regional

INSIDER SIGNAL

No active buy signal

0 qualifying P purchase groups
in the current 180-day scoring window

55 Form 4 transaction lines observed in the same window
1 sales · 54 option, withholding, award, gift or other lines

Last qualifying purchase2025-12-24 · DeMarco David S. · $96.5K

WHY NO ACTIVE SIGNAL?

Purchase activityNone
Recent buyingNone
Recent salesLow
Buy signal statusInactive
Score anatomy

No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.

ClusterNot calculated
Purchase sizeNot calculated
RoleNot calculated
RecencyNot calculated
ConvictionNot calculated

Why is there no score?

  • No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
  • Sales and other Form 4 activity remain visible as context and do not create a negative score.

Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Behan MarkDirector
○▼○○○○○○○○○○○
O'Conor Raymond FDirector
○○○○○○○○
Read Colin LDirector
○○○○○○
DeMarco David S.President & CEO
○○○○○○
Morris Philip CDirector
○○○○○
White Daniel JamesDirector
○○
● Purchase▼ Sale○ Other

Showing the six most active owners; 7 additional owner(s) remain in Form 4 evidence.

Purchase breadth, concentration & cluster buying

These modules activate when qualifying purchases enter the 180-day research window.

SIGNAL HISTORY

No recorded active-signal snapshot

Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2025-12-24 · DeMarco David S..

Recent Form 4 activity

4Purchases
1Sales
101Other Form 4 lines
82SEC filings · 365 days
BUYING0 qualifying P line(s) · 180 days
SELLING1 sale line(s) · context only
OTHER54 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
-2.4%
3M
-9.2%
6M
+11.6%
12M
—

Volatility & liquidity

Volatility
25.7%
Beta
—
Avg daily value
—

Valuation

Market cap
—
P/E
—

Fundamentals

Profit margin
—
ROE
10.2%
Industry
Banks—Regional

Market data

Price data up to: 2026-09-29 · Price source: OpenBB/yfinance · From SEC filings: ROE · Fiscal year ended: 2025-12-31 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
663,797
Previous report
616,293
Avg daily volume
96,656
Days to cover
6.9

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2025-12-24DeMarco David S.Purchase (P)Common Stock3,035USD 31.78USD 96,452SEC filing ↗
2025-11-10White Daniel JamesPurchase (P)Common Stock1,644USD 30.14USD 49,550SEC filing ↗
2025-11-04Ivanov Penko KrassimirPurchase (P)Common Stock1,620USD 29.82USD 48,308SEC filing ↗
2025-09-10Ivanov Penko KrassimirPurchase (P)Common Stock5,000USD 29.10USD 145,499SEC filing ↗
2025-08-27Ivanov Penko KrassimirPurchase (P)Common Stock10,922USD 29.46USD 321,728SEC filing ↗
2025-08-26Ivanov Penko KrassimirPurchase (P)Common Stock1,078USD 29.46USD 31,758SEC filing ↗
2025-08-08Duffy Kristine DPurchase (P)Common Stock210USD 26.53USD 5,571SEC filing ↗
2025-08-06Ivanov Penko KrassimirPurchase (P)Common Stock1,425USD 26.50USD 37,762SEC filing ↗
2025-01-31White Daniel JamesPurchase (P)Common Stock3,668USD 27.23USD 99,880SEC filing ↗
2024-02-07DAKE GARY CPurchase (P)Common Stock2,000USD 23.73USD 47,460SEC filing ↗
2024-02-06Wise Andrew JPurchase (P)Common Stock1,000USD 23.57USD 23,570SEC filing ↗
2023-11-28Wise Andrew JPurchase (P)Common Stock1,000USD 24.76USD 24,760SEC filing ↗
2023-11-22Wise Andrew JPurchase (P)Common Stock1,000USD 24.49USD 24,490SEC filing ↗
2023-11-03Kaiser David DPurchase (P)Common Stock1,075USD 23.25USD 24,994SEC filing ↗
2023-11-03Read Colin LPurchase (P)Common Stock1,876USD 22.84USD 42,848SEC filing ↗

Form 4 evidence

106 transaction lines in the latest 365-day window; 526 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-23White Daniel JamesJ (J)Common Stock228USD 36.97USD 8,429SEC filing ↗
2026-09-23Read Colin LJ (J)Common Stock194USD 36.97USD 7,172SEC filing ↗
2026-09-23O'Conor Raymond FJ (J)Common Stock203USD 36.97USD 7,505SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-23White Daniel JamesJ (J)Common Stock228USD 36.97USD 8,429SEC filing ↗
2026-09-23Read Colin LJ (J)Common Stock194USD 36.97USD 7,172SEC filing ↗
2026-09-23O'Conor Raymond FJ (J)Common Stock203USD 36.97USD 7,505SEC filing ↗
2026-09-23Morris Philip CJ (J)Common Stock203USD 36.97USD 7,505SEC filing ↗
2026-09-23KRUCZLNICKI DAVID GJ (J)Common Stock228USD 36.97USD 8,429SEC filing ↗
2026-09-23Jahnel DarrinJ (J)Common Stock298USD 36.97USD 11,017SEC filing ↗
2026-09-23Duffy Kristine DJ (J)Common Stock203USD 36.97USD 7,505SEC filing ↗
2026-09-23Dawsey James MJ (J)Common Stock389USD 36.97USD 14,381SEC filing ↗
2026-09-23Casaccio Tenee RJ (J)Common Stock304USD 36.97USD 11,239SEC filing ↗
2026-09-23CHAMPION GREGORY JJ (J)Common Stock423USD 36.97USD 15,638SEC filing ↗
2026-09-23Behan MarkJ (J)Common Stock211USD 36.97USD 7,801SEC filing ↗
2026-09-23Arcuri Rocco F Sr.J (J)Common Stock186USD 36.97USD 6,876SEC filing ↗
2026-09-04DeMarco David S.Option exercise / conversion (M)Common Stock1,771USD 30.26USD 53,590SEC filing ↗
2026-09-04DeMarco David S.Tax withholding (F)Common Stock1,504USD 39.57USD 59,513SEC filing ↗
2026-09-03O'Conor Raymond FGift (G)Common Stock140USD 0.00USD 0SEC filing ↗
2026-08-28DeMarco David S.Option exercise / conversion (M)Common Stock4,379USD 30.26USD 132,509SEC filing ↗
2026-08-28DeMarco David S.Tax withholding (F)Common Stock3,752USD 38.16USD 143,176SEC filing ↗
2026-08-17DeMarco David S.Option exercise / conversion (M)Common Stock3,346USD 27.04USD 90,476SEC filing ↗
2026-08-17DeMarco David S.Tax withholding (F)Common Stock2,596USD 39.25USD 101,893SEC filing ↗
2026-08-17Behan MarkOption exercise / conversion (M)Common Stock1,093USD 27.04USD 29,555SEC filing ↗
2026-08-17Behan MarkTax withholding (F)Common Stock760USD 38.86USD 29,534SEC filing ↗
2026-08-12Behan MarkOption exercise / conversion (M)Common Stock1,126USD 31.34USD 35,289SEC filing ↗
2026-08-12Behan MarkTax withholding (F)Common Stock901USD 39.13USD 35,256SEC filing ↗
2026-08-06Behan MarkOption exercise / conversion (M)Common Stock773USD 31.47USD 24,326SEC filing ↗
2026-08-06Behan MarkTax withholding (F)Common Stock608USD 39.97USD 24,302SEC filing ↗
2026-08-04O'Conor Raymond FOption exercise / conversion (M)Common Stock1,061USD 33.78USD 35,841SEC filing ↗
2026-08-04O'Conor Raymond FTax withholding (F)Common Stock878USD 40.79USD 35,814SEC filing ↗
2026-08-04Behan MarkOption exercise / conversion (M)Common Stock2,355USD 27.41USD 64,553SEC filing ↗
2026-08-04Behan MarkTax withholding (F)Common Stock1,581USD 40.79USD 64,489SEC filing ↗
2026-06-24O'Conor Raymond FOption exercise / conversion (M)Common Stock1,126USD 31.34USD 35,289SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerAROW
CIK0000717538
SectorFinancial Services
IndustryBanks—Regional Yahoo Finance
SEC SIC6021 National Commercial Banks
ExchangeNasdaq

Data coverage

Local Form 4 history526 transaction lines from 2020-01-02 to 2026-09-23
32 P purchase lines · 56 S sale lines · 438 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.