MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

Arrow Financial Corp's Holding History (CIK: 0000717538)

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

Q4 2025

Shares 3,438 Value ($000) $1,963 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 3,495 Value ($000) $1,988 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 3,682 Value ($000) $2,069 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 3,772 Value ($000) $2,068 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 3,827 Value ($000) $2,015 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 3,850 Value ($000) $1,901 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 3,752 Value ($000) $1,655 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 3,720 Value ($000) $1,791 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 4,039 Value ($000) $1,723 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 4,145 Value ($000) $1,641 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 4,259 Value ($000) $1,675 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 7,182 Value ($000) $2,610 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 7,644 Value ($000) $3 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 7,779 Value ($000) $2,212 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 7,895 Value ($000) $2,491 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 8,052 Value ($000) $2,877 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 7,870 Value ($000) $2,827 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 6,195 Value ($000) $2,154 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 6,221 Value ($000) $2,270 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 6,298 Value ($000) $2,243 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 6,084 Value ($000) $2,172 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 6,048 Value ($000) $2,045 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 5,992 Value ($000) $1,773 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 6,097 Value ($000) $1,473 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 5,513 Value ($000) $1,646 Avg Close $272.58 Range $249.95 - $291.54

Q3 2019

Shares 5,172 Value ($000) $1,404 Avg Close $266.10 Range $245.19 - $283.62

Q2 2019

Shares 5,099 Value ($000) $1,349 Avg Close $241.35 Range $224.85 - $260.28

Q1 2019

Shares 4,972 Value ($000) $1,170 Avg Close $207.20 Range $174.02 - $228.35

Q4 2018

Shares 4,982 Value ($000) $940 Avg Close $190.92 Range $165.28 - $216.43

Q3 2018

Shares 4,717 Value ($000) $1,051 Avg Close $200.34 Range $186.80 - $215.48

Q2 2018

Shares 4,536 Value ($000) $891 Avg Close $180.31 Range $160.86 - $195.68

Q1 2018

Shares 2,971 Value ($000) $520 Avg Close $163.70 Range $144.52 - $175.98

Q4 2017

Shares 2,708 Value ($000) $410 Avg Close $142.19 Range $134.47 - $147.90

Q3 2017

Shares 2,636 Value ($000) $372 Avg Close $126.35 Range $115.06 - $137.11

Q2 2017

Shares 2,282 Value ($000) $277 Avg Close $113.06 Range $105.80 - $120.27

Q1 2017

Shares 700 Value ($000) $78 Avg Close $104.26 Range $98.83 - $107.97

Q4 2016

Shares 700 Value ($000) $72 Avg Close $98.27 Range $94.46 - $103.40

Q3 2016

Shares 475 Value ($000) $48 Avg Close $90.84 Range $82.10 - $96.94

Q2 2016

Shares 500 Value ($000) $44 Avg Close $90.26 Range $82.81 - $94.54

Q1 2016

Shares 600 Value ($000) $56 Avg Close $83.42 Range $74.09 - $90.24

Q4 2015

Shares 740 Value ($000) $72 Avg Close $92.19 Range $83.59 - $95.82

Q3 2015

Shares 530 Value ($000) $48 Avg Close $88.30 Range $70.14 - $93.23

Q2 2015

Shares 530 Value ($000) $50 Avg Close $86.11 Range $79.97 - $90.38

Q1 2015

Shares 663 Value ($000) $57 Avg Close $81.25 Range $74.77 - $87.12

Q4 2014

Shares 500 Value ($000) $43 Avg Close $76.31 Range $65.11 - $84.02

Q3 2014

Shares 557 Value ($000) $41 Avg Close $71.09 Range $68.75 - $73.96

Q2 2014

Shares 500 Value ($000) $37 Avg Close $69.24 Range $64.02 - $72.61

Q1 2014

Shares 560 Value ($000) $42 Avg Close $72.72 Range $66.78 - $78.88

Q4 2013

Shares 40 Value ($000) $33 Avg Close $69.03 Range $60.18 - $78.03

Q3 2013

Shares 40 Value ($000) $27 Avg Close $58.30 Range $52.66 - $64.55

Q2 2013

Shares 40 Value ($000) $23 Avg Close $51.54 Range $48.11 - $54.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	3,438	$1,963	$558.95	$524.70 - $585.31
Q3 2025	3,495	$1,988	$573.47	$545.13 - $600.98
Q2 2025	3,682	$2,069	$551.47	$463.61 - $593.12
Q1 2025	3,772	$2,068	$542.01	$497.80 - $579.76
Q4 2024	3,827	$2,015	$514.68	$486.24 - $534.63
Q3 2024	3,850	$1,901	$461.72	$425.84 - $498.27
Q2 2024	3,752	$1,655	$451.62	$433.19 - $478.53
Q1 2024	3,720	$1,791	$452.59	$412.22 - $485.16
Q4 2023	4,039	$1,723	$397.11	$355.66 - $423.46
Q3 2023	4,145	$1,641	$396.22	$381.45 - $413.22
Q2 2023	4,259	$1,675	$369.85	$350.88 - $389.52
Q1 2023	7,182	$2,610	$357.45	$334.82 - $383.83
Q4 2022	7,644	$3	$323.40	$272.05 - $362.83
Q3 2022	7,779	$2,212	$325.17	$276.34 - $355.07
Q2 2022	7,895	$2,491	$337.29	$297.42 - $374.14
Q1 2022	8,052	$2,877	$351.61	$298.93 - $391.17
Q4 2021	7,870	$2,827	$337.80	$298.92 - $362.54
Q3 2021	6,195	$2,154	$354.74	$327.44 - $385.64
Q2 2021	6,221	$2,270	$362.28	$345.76 - $391.25
Q1 2021	6,298	$2,243	$339.57	$304.04 - $379.11
Q4 2020	6,084	$2,172	$323.35	$273.35 - $349.38
Q3 2020	6,048	$2,045	$315.67	$280.27 - $356.58
Q2 2020	5,992	$1,773	$273.34	$219.87 - $306.47
Q1 2020	6,097	$1,473	$287.82	$193.62 - $336.19
Q4 2019	5,513	$1,646	$272.58	$249.95 - $291.54
Q3 2019	5,172	$1,404	$266.10	$245.19 - $283.62
Q2 2019	5,099	$1,349	$241.35	$224.85 - $260.28
Q1 2019	4,972	$1,170	$207.20	$174.02 - $228.35
Q4 2018	4,982	$940	$190.92	$165.28 - $216.43
Q3 2018	4,717	$1,051	$200.34	$186.80 - $215.48
Q2 2018	4,536	$891	$180.31	$160.86 - $195.68
Q1 2018	2,971	$520	$163.70	$144.52 - $175.98
Q4 2017	2,708	$410	$142.19	$134.47 - $147.90
Q3 2017	2,636	$372	$126.35	$115.06 - $137.11
Q2 2017	2,282	$277	$113.06	$105.80 - $120.27
Q1 2017	700	$78	$104.26	$98.83 - $107.97
Q4 2016	700	$72	$98.27	$94.46 - $103.40
Q3 2016	475	$48	$90.84	$82.10 - $96.94
Q2 2016	500	$44	$90.26	$82.81 - $94.54
Q1 2016	600	$56	$83.42	$74.09 - $90.24
Q4 2015	740	$72	$92.19	$83.59 - $95.82
Q3 2015	530	$48	$88.30	$70.14 - $93.23
Q2 2015	530	$50	$86.11	$79.97 - $90.38
Q1 2015	663	$57	$81.25	$74.77 - $87.12
Q4 2014	500	$43	$76.31	$65.11 - $84.02
Q3 2014	557	$41	$71.09	$68.75 - $73.96
Q2 2014	500	$37	$69.24	$64.02 - $72.61
Q1 2014	560	$42	$72.72	$66.78 - $78.88
Q4 2013	40	$33	$69.03	$60.18 - $78.03
Q3 2013	40	$27	$58.30	$52.66 - $64.55
Q2 2013	40	$23	$51.54	$48.11 - $54.91