Form 4 Filing for Kristine D. Duffy

Kristine D. Duffy, a director at ARROW FINANCIAL CORP, acquired 203 shares of Common Stock on September 23, 2026, at a price of $36.97 per share. This transaction, coded 'J', resulted in a post-transaction share count of 6,624. Additionally, Duffy's holdings include 1,046 shares of Common Stock held indirectly by her spouse, with a disclaimer of beneficial ownership for these shares. The filing also notes the acquisition of 13 shares under the Company's Dividend Reinvestment Plan (DRIP) since June 17, 2026, which are being disclosed to reflect total insider holdings.