ARROW FINANCIAL CORP — Director's Dealing 2026

Feb 4, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARROW FINANCIAL CORP (AROW)
CIK: 0000717538
Period of Report: 2026-01-28

Reporting Person: Morris Philip C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-28	Common Stock	A	818	$32.43	Acquired	7160	Direct

Footnotes

F1: The restricted stock vests in 3 equal installments on each of January 28, 2027, January 28, 2028, and January 28, 2029.