ARROW FINL CORP

Ticker: AROW CUSIP: 042744102 Class: Common Stock

Rhino Investment Partners, Inc's Holding History (CIK: 0001828776)

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

Q4 2025

Shares 789,305 Value ($000) $20,332 Avg Close $29.20 Range $25.42 - $33.28

Q3 2025

Shares 227,804 Value ($000) $6,447 Avg Close $27.49 Range $25.11 - $29.68

Q2 2025

Shares 199,948 Value ($000) $5,283 Avg Close $24.62 Range $21.85 - $26.37

Q1 2025

Shares 196,282 Value ($000) $5,160 Avg Close $25.60 Range $23.93 - $28.43

Q4 2024

Shares 190,092 Value ($000) $5,458 Avg Close $28.95 Range $25.59 - $32.96

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	789,305	$20,332	$29.20	$25.42 - $33.28
Q3 2025	227,804	$6,447	$27.49	$25.11 - $29.68
Q2 2025	199,948	$5,283	$24.62	$21.85 - $26.37
Q1 2025	196,282	$5,160	$25.60	$23.93 - $28.43
Q4 2024	190,092	$5,458	$28.95	$25.59 - $32.96