Arrow Financial Corp, a company that operates as a bank holding company, recently filed a Form 4 with the Securities and Exchange Commission. The significance of this filing lies in the fact that Form 4 is required to be filed with the SEC whenever there are changes in the holdings of company insiders, such as directors and officers, or beneficial owners holding more than 10% of the company’s stock. This provides transparency to investors and helps prevent insider trading.
Arrow Financial Corp, with the SEC CIK number 0000717538, is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol AROW. The company, headquartered in Glens Falls, New York, operates two banking subsidiaries, Glens Falls National Bank and Trust Company, and Saratoga National Bank and Trust Company. Arrow Financial Corp focuses on providing a range of banking and financial services to individuals and businesses in upstate New York.
The Form 4 filing by Arrow Financial Corp indicates that there have been changes in the ownership of company insiders or significant shareholders. Investors and analysts may want to review the details of the filing to understand the transactions and any potential implications for the company’s stock. For more information about Arrow Financial Corp and its services, you can visit their official website here.
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