Arrow Financial Corporation (AROW) has 20 known insider and institutional holders on record. The largest holder is DeMarco David S. with 67,291 shares. Other notable holders include DAKE GARY C and KRUCZLNICKI DAVID G.
Over the last 12 months, insiders have made 78 transactions in AROW stock — 69 buys (valued at $2.09M) and 1 sells (valued at $47.56K). Insider buying has outpaced selling during this period, which may signal confidence in the company's prospects.
AROW Insider Ownership
Top Holder
DeMarco David S.
67,291 shares
Buys (12 mo)
69
$2.09M value
Sells (12 mo)
1
$47.56K value
12-Month Transaction Activity
Top Insider Holders
| # |
Name |
Role |
Shares Owned |
Last Filed |
Relative Size |
| 1 |
Demarco David S. |
President & CEO |
67,291 |
2026-02-02 |
|
| 2 |
Dake Gary C |
Director |
64,635 |
2025-04-10 |
|
| 3 |
Kruczlnicki David G |
Director |
60,400 |
2026-03-20 |
|
| 4 |
Miller Elizabeth |
Director |
40,576 |
2026-03-20 |
|
| 5 |
Ivanov Penko Krassimir |
Sevp, Treasurer and CFO |
31,045 |
2026-02-02 |
|
| 6 |
O'conor Raymond F |
Director |
30,755 |
2026-03-20 |
|
| 7 |
Read Colin L |
Director |
30,376 |
2026-03-20 |
|
| 8 |
Casaccio Tenee R |
Director |
28,162 |
2026-03-20 |
|
| 9 |
Kaiser David D |
Cco & Sevp |
26,150 |
2025-02-03 |
|
| 10 |
Wise Andrew J |
Sevp, Chief Risk Officer |
25,818 |
2026-02-02 |
|
| 11 |
Hoy Thomas L |
Director |
22,444 |
2023-05-30 |
|
| 12 |
Dawsey James M |
Director |
20,072 |
2026-03-20 |
|
| 13 |
Reisman Richard J Dmd |
Director |
18,644 |
2021-04-15 |
|
| 14 |
Owens William L |
Director |
16,493 |
2024-05-30 |
|
| 15 |
Yrsha Marc |
Sevp, Chief Banking Officer |
14,132 |
2026-02-02 |
|
| 16 |
Behan Mark |
Director |
13,039 |
2026-03-20 |
|
| 17 |
Jacobs Michael Joseph |
EVP, Chief Information Officer |
12,571 |
2026-02-02 |
|
| 18 |
Clarke Michael B |
Director |
12,340 |
2022-06-30 |
|
| 19 |
Champion Gregory J |
Director |
11,515 |
2026-03-20 |
|
| 20 |
White Daniel James |
Director |
8,001 |
2026-03-20 |
|
Recent Transactions (last 12 months)
| Date |
Name |
Role |
Type |
Shares |
Price |
Value |
| 2026-03-18 |
Jahnel Darrin |
Director |
Other (Buy) |
462 |
$31.76 |
$14.67K |
| 2026-03-18 |
White Daniel James |
Director |
Other (Buy) |
266 |
$31.76 |
$8.45K |
| 2026-03-18 |
Dawsey James M |
Director |
Other (Buy) |
453 |
$31.76 |
$14.39K |
| 2026-03-18 |
Morris Philip C |
Director |
Other (Buy) |
236 |
$31.76 |
$7.5K |
| 2026-03-18 |
Duffy Kristine D |
Director |
Other (Buy) |
236 |
$31.76 |
$7.5K |
| 2026-03-18 |
Behan Mark |
Director |
Other (Buy) |
246 |
$31.76 |
$7.81K |
| 2026-03-18 |
Miller Elizabeth |
Director |
Other (Buy) |
453 |
$31.76 |
$14.39K |
| 2026-03-18 |
Casaccio Tenee R |
Director |
Other (Buy) |
354 |
$31.76 |
$11.24K |
| 2026-03-18 |
Read Colin L |
Director |
Other (Buy) |
226 |
$31.76 |
$7.18K |
| 2026-03-18 |
O'conor Raymond F |
Director |
Other (Buy) |
236 |
$31.76 |
$7.5K |
| 2026-03-18 |
Champion Gregory J |
Director |
Other (Buy) |
492 |
$31.76 |
$15.63K |
| 2026-03-18 |
Kruczlnicki David G |
Director |
Other (Buy) |
266 |
$31.76 |
$8.45K |
| 2026-03-11 |
Morris Philip C |
Director |
Other (Buy) |
31 |
$34.49 |
$1.07K |
| 2026-02-11 |
Morris Philip C |
Director |
Other (Buy) |
29 |
$35.08 |
$1.02K |
| 2026-01-28 |
Jahnel Darrin |
Director |
RSU Award |
69 |
$32.43 |
$2.24K |
| 2026-01-28 |
White Daniel James |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Dawsey James M |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Morris Philip C |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Duffy Kristine D |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Behan Mark |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Miller Elizabeth |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Casaccio Tenee R |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Read Colin L |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
O'conor Raymond F |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |
| 2026-01-28 |
Champion Gregory J |
Director |
RSU Award |
818 |
$32.43 |
$26.53K |