EUR/USD likely to find a peak near 1.25: UBS
Raymond (NSE:RYMD) F. O’Conor, a director at Arrow Financial Corp (NASDAQ:AROW), a $438.5 million market cap financial institution currently trading at $26.19 per share with a P/E ratio of 15.15, recently sold 2,000 shares of the company’s common stock. The transaction, which took place on March 3, 2025, was executed at a price of $26.90 per share, amounting to a total sale value of $53,800. Following this sale, O’Conor retains ownership of 33,022 shares in the company. The sale was conducted as part of a pre-established 10B5-1 trading plan. InvestingPro analysis shows the stock has experienced significant price decline over the past three months, with additional insights available through their comprehensive insider trading analysis tools.
In other recent news, Arrow Financial Corporation has announced significant changes to its executive team and board of directors. The company has renewed executive contracts, including a three-year agreement for President and CEO David S. DeMarco, with an annual base salary of $718,850 and a 50% cash incentive target. Additionally, new two-year agreements were established for Senior Executive Vice Presidents, with base salaries ranging from $375,950 to $422,300 and a 40% cash incentive target. These agreements are set to automatically renew unless a non-renewal notice is issued. In a related development, Arrow Financial has appointed four new members to its Board of Directors. The new directors, James M. Dawsey, Dr. Kristine D. Duffy, Philip Morris (NYSE:PM), and Daniel J. White, bring diverse expertise in construction management, higher education, cultural facilities development, and community bank auditing. These appointments are part of Arrow Financial’s efforts to strengthen its governance and support its strategic objectives. The company is committed to maintaining a strong governance structure and ensuring continuity in its strategic direction.
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