David S. DeMarco is CEO & President at ARROW FINANCIAL CORP (AROW). They have made 28 open-market trades across 2 companies since 2009, most recently 2026-09-04.
CIK 0001463249
Unrated. We grade insiders only on stock they chose to buy on the open market. Grants, option exercises and vesting say nothing about timing, so they don't count — which is why someone can file often and still have no grade. It isn't a bad sign: unrated buys beat every graded tier below A.
1 open-market purchase totalling $193K since 2025, against 27 sales. Too few scored purchases to measure a record yet.
| Ticker | Shares | Value |
|---|---|---|
| AROW | 95,826 | $3.5M |
| AROQ | 10 | — |
| Total | $3.5M |
Shares reported on the most recent Form 4, priced at the 2026-09-09 close. 1 holding could not be priced and is excluded from the total.
Counted per filing, not per execution lot — a purchase filled in several tranches is one decision.
| Ticker | Type | Traded | Filed | Price | Value | 7d Stock | 30d Stock | 90d Stock |
|---|---|---|---|---|---|---|---|---|
| AROW | BUY | 2025-12-24 | 2025-12-30 | $31.78 | $193K | +1.3% | +4.9% | +5.9% |
| AROW | SELL | 2022-08-22 | 2022-08-23 | $34.35 | $6K | -6.1% | -6.8% | +6.0% |
| AROW | SELL | 2021-04-30 | 2021-04-30 | $35.31 | $409K | +2.6% | +4.3% | +1.9% |
| AROW | SELL | 2020-12-03 | 2020-12-03 | $30.00 | $42K | +3.3% | -1.5% | +8.7% |
| AROW | SELL | 2020-11-20 | 2020-11-23 | $29.86 | $137K | +1.1% | -0.4% | +4.7% |
| AROW | SELL | 2019-11-20 | 2019-11-21 | $36.26 | $9K | -1.8% | +5.0% | -3.2% |
| AROW | SELL | 2019-09-05 | 2019-09-05 | $32.50 | $32K | +5.6% | +0.8% | +7.9% |
| AROW | SELL | 2019-08-30 | 2019-08-30 | $32.50 | $182K | +11.7% | +5.6% | +13.4% |
| AROW | SELL | 2019-08-29 | 2019-08-29 | $32.50 | $3K | +7.6% | +2.7% | +10.4% |
| AROW | SELL | 2019-08-08 | 2019-08-08 | $33.00 | $59K | -0.6% | +1.7% | +11.2% |
| AROW | SELL | 2018-05-23 | 2018-05-24 | $37.52 | $302K | +0.8% | -1.0% | +4.6% |
| AROW | SELL | 2017-11-02 | 2017-11-02 | $35.30 | $292K | -2.4% | +2.9% | -8.0% |
| AROW | SELL | 2017-05-22 | 2017-05-23 | $32.20 | $4K | -0.9% | -3.1% | -2.2% |
| AROW | SELL | 2016-07-28 | 2016-07-28 | $31.90 | $256K | +0.0% | +0.8% | -1.0% |
| AROW | SELL | 2016-05-20 | 2016-05-24 | $28.50 | $7K | +0.0% | +3.4% | +8.8% |
| AROW | SELL | 2015-11-10 | 2015-11-10 | $28.15 | $120K | -2.2% | +2.0% | -1.9% |
| AROW | SELL | 2014-08-06 | 2014-08-06 | $25.33 | $101K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2014-07-24 | 2014-07-25 | $25.50 | $5K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2013-09-09 | 2013-09-10 | $26.00 | $10K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2013-09-05 | 2013-09-06 | $26.25 | $3K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2013-08-14 | 2013-08-16 | $26.26 | $55K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2013-07-30 | 2013-07-30 | $26.64 | $48K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2013-02-11 | 2013-02-11 | $24.50 | $96K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2012-12-12 | 2012-12-12 | $24.75 | $58K | -2.2% | +2.0% | +2.0% |
| AROW | SELL | 2012-10-24 | 2012-10-24 | $24.57 | $3K | -2.2% | +2.0% | +2.0% |
Grouped by shared companies and similar filing behaviour. This is a similarity measure, not a ranking or a performance signal.