Arrow financial director Raymond O'Conor sells $57,700 in stock

Published 03/01/2025, 19:30
Arrow financial director Raymond O'Conor sells $57,700 in stock

This transaction was conducted under a pre-established 10B5-1 trading plan, which was set up by O'Conor in May 2024. Such plans allow insiders to set up a predetermined schedule for buying or selling stock to avoid potential conflicts of interest. Arrow Financial (NASDAQ:AROW) has maintained dividend payments for 32 consecutive years, demonstrating strong financial stability. InvestingPro subscribers can access 6 additional key insights about AROW's financial health and market position. Arrow Financial has maintained dividend payments for 32 consecutive years, demonstrating strong financial stability. InvestingPro subscribers can access 6 additional key insights about AROW's financial health and market position.

This transaction was conducted under a pre-established 10B5-1 trading plan, which was set up by O'Conor in May 2024. Such plans allow insiders to set up a predetermined schedule for buying or selling stock to avoid potential conflicts of interest.

In other recent news, Arrow Financial Corporation has expanded its Board of Directors with the appointment of four new members, as part of its ongoing efforts to bolster governance and strategic objectives. The recent additions include James M. Dawsey, Dr. Kristine D. Duffy, Philip Morris (NYSE:PM), and Daniel J. White. Dawsey, with a 45-year background in construction management, brings financial and operational expertise. Duffy, boasting over 35 years of higher education experience in New York, offers strategic planning and board governance skills. Morris, the CEO of Proctors Collaborative, provides nearly five decades of experience in cultural facilities development and successful fundraising. Lastly, Certified Public Accountant Daniel J. White brings a 37-year career in community bank auditing and accounting. These recent developments underscore Arrow Financial's commitment to enhancing the board's capabilities and guiding the organization's growth and community service efforts.

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