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Insider Trading: ARROW FINANCIAL CORP

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of ARROW FINANCIAL CORP since year 2005 are given in the first table. The second table lists detailed insider transactions reported by ARROW FINANCIAL CORP since 2005. The reporting company's ticker symbol is AROW. The reporting company's CIK number is 717538. The total value of stock buying during this period is $175,785. The total value of stock sales is $312,017. The total value of stock exercises is $1,304,863.

Figure 1. Monthly insider transaction values at ARROW FINANCIAL CORP (AROW) in the past 24 months. The trade values of insider stock buys, sales, and option exercises are in logarithmic scale as shown on the right axis labels. The detailed monthly and daily insider transactions are listed in the 2 tables below.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $501,710

    $50,171

    $5,017

    $501

  • Buy
  • Sale
  • Option Exercise

Figure 2. Average prices of insider buys, sales, and option exercises at ARROW FINANCIAL CORP (AROW) in the past 24 months. See table 2 for insider transaction details.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $25.37

    $19.03

    $12.69

    $6.34



Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for ARROW FINANCIAL CORP (AROW).
Trading Period
year-month  
Insider Buying     
Shares               Value ($)
Insider Sales     
Shares               Value ($)
Option Exercises     
Shares               Value ($)
2008-05 0 0 2,000 45,830 0 0
2008-04 0 0 0 0 2,300 29,716
2008-03 500 9,720 0 0 0 0
2008-01 0 0 3,000 63,630 0 0
2007-12 0 0 1,000 21,760 5,818 78,775
2007-11 460 9,986 800 17,335 24,157 415,529
2007-10 115 2,503 0 0 0 0
2007-07 3,800 78,954 0 0 0 0
2007-06 444 9,981 0 0 0 0
2007-05 300 6,651 0 0 8,015 127,037
2007-04 500 11,195 0 0 0 0
2007-02 0 0 121 2,801 9,596 152,096
2007-01 1,412 34,145 3,100 74,524 0 0
2006-11 0 0 2,154 54,530 0 0
2006-10 0 0 1,250 31,607 43,063 501,710
2006-05 500 12,650 0 0 0 0

Table 2. Detailed insider stock purchases, sales, and option exercises for ARROW FINANCIAL CORP (AROW)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2008-05-05 Moynehan David L (Director) Sale 1,000 22.61 22,610
2008-05-01 Moynehan David L (Director) Sale 1,000 23.22 23,220
2008-04-22 Van Leeuwen John C (Senior Vice President) Option Exercise 2,300 12.92 29,716
2008-03-07 Hoy Thomas L (Chairman, President & CEO) Purchase 500 19.44 9,720
2008-01-28 Hopper Kenneth C Md (Director) Sale 2,000 21.21 42,420
2007-12-13 Van Leeuwen John C (SVP) Option Exercise 2,818 13.54 38,155
2007-12-05 Clarke Michael B (Director) Sale 1,000 21.76 21,760
2007-12-05 Van Leeuwen John C (Senior Vice President) Option Exercise 3,000 13.54 40,620
2007-11-26 Van Leeuwen John C (Senior Vice President) Option Exercise 528 15.39 8,125
2007-11-20 Dake Gary C (Director) Purchase 460 21.71 9,986
2007-11-20 Bilodeau Gerard R (Senior VP & Corp. Secretary) Sale 100 21.52 2,152
2007-11-20 Bilodeau Gerard R (Senior VP & Corp. Secretary) Option Exercise 6,399 15.39 98,480
2007-11-16 Hoy Thomas L (Chairman, President & CEO) Option Exercise 7,454 21.26 158,472
2007-11-08 Murphy John J (Director) Sale 700 21.69 15,183
2007-11-07 Murphy John J (Director) Option Exercise 9,776 15.39 150,452
2007-10-29 Hoy Thomas L (Chairman, President & CEO) Purchase 115 21.77 2,503
2007-07-26 Hoy Thomas L (Chairman, President & CEO) Purchase 2,000 20.78 41,554
2007-06-14 Dake Gary C (Director) Purchase 444 22.48 9,981
2007-05-23 Hoy Thomas L (Chairman, President & CEO) Option Exercise 8,015 15.85 127,037
2007-05-01 Hoy Thomas L (Chairman, President & CEO) Purchase 300 22.17 6,651
2007-04-30 Hoy Thomas L (Chairman, President & CEO) Purchase 500 22.39 11,195
2007-02-27 Reisman Richard J Dmd (Director) Sale 121 23.15 2,801
2007-02-07 Hoy Thomas L (Chairman, President & CEO) Option Exercise 9,596 15.85 152,096
2007-01-31 Clarke Michael B (Director) Sale 3,100 24.04 74,524
2007-01-31 Little Elizabeth Oc (Director) Purchase 412 24.26 9,995
2007-01-29 Hoy Thomas L (Chairman, President & CEO) Purchase 1,000 24.15 24,150
2006-11-13 Van Leeuwen John C (SVP) Sale 1,150 25.42 29,238
2006-11-01 Murphy John J (EVP & Treasurer/CFO) Sale 1,000 25.19 25,190
2006-11-01 Van Leeuwen John C (SVP) Sale 4 25.50 102
2006-10-31 Murphy John J (EVP & Treasurer/CFO) Option Exercise 14,611 11.01 160,867
2006-10-31 Van Leeuwen John C (SVP) Sale 1,000 25.28 25,285
2006-10-31 Van Leeuwen John C (SVP) Option Exercise 5,700 15.85 90,345
2006-10-31 Bilodeau Gerard R (SVP & Corporate Secretary) Sale 250 25.29 6,322
2006-10-31 Bilodeau Gerard R (SVP & Corporate Secretary) Option Exercise 8,697 11.01 95,753
2006-10-31 Hoy Thomas L (Chairman, President & CEO) Option Exercise 14,055 11.01 154,745
2006-05-12 Hoy Thomas L (Chairman, C.E.O. & President) Purchase 500 25.30 12,650

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of ARROW FINANCIAL CORP (symbol AROW, CIK number 717538) see the Securities and Exchange Commission (SEC) website.

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