ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

MARSHALL WACE, LLP's Holding History (CIK: 0001318757)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 50,387 Value ($000) $1,582 Avg Close $29.20 Range $25.42 - $33.28

Q3 2025

Shares 26,548 Value ($000) $751 Avg Close $27.49 Range $25.11 - $29.68

Q2 2025

Shares 23,299 Value ($000) $616 Avg Close $24.62 Range $21.85 - $26.37

Q1 2024

Shares 8,123 Value ($000) $203 Avg Close $23.02 Range $21.09 - $26.12

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,387	$1,582	$29.20	$25.42 - $33.28
Q3 2025	26,548	$751	$27.49	$25.11 - $29.68
Q2 2025	23,299	$616	$24.62	$21.85 - $26.37
Q1 2024	8,123	$203	$23.02	$21.09 - $26.12