ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

Gallagher Fiduciary Advisors, LLC's Holding History (CIK: 0001527781)

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

Q4 2025

Shares 28,420 Value ($000) $892 Avg Close $29.20 Range $25.42 - $33.28

Q3 2025

Shares 26,279 Value ($000) $744 Avg Close $27.49 Range $25.11 - $29.68

Q2 2025

Shares 26,019 Value ($000) $687 Avg Close $24.62 Range $21.85 - $26.37

Q1 2025

Shares 21,194 Value ($000) $557 Avg Close $25.60 Range $23.93 - $28.43

Q4 2024

Shares 19,905 Value ($000) $571 Avg Close $28.95 Range $25.59 - $32.96

Q3 2024

Shares 16,877 Value ($000) $484 Avg Close $27.03 Range $23.49 - $30.72

Q2 2024

Shares 12,790 Value ($000) $333 Avg Close $22.26 Range $19.84 - $24.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	28,420	$892	$29.20	$25.42 - $33.28
Q3 2025	26,279	$744	$27.49	$25.11 - $29.68
Q2 2025	26,019	$687	$24.62	$21.85 - $26.37
Q1 2025	21,194	$557	$25.60	$23.93 - $28.43
Q4 2024	19,905	$571	$28.95	$25.59 - $32.96
Q3 2024	16,877	$484	$27.03	$23.49 - $30.72
Q2 2024	12,790	$333	$22.26	$19.84 - $24.40