AROW ARROW FINANCIAL CORP

NEUTRAL Impact: 5/10 EFFECT
Horizon weeks Filed May 8, 2026 Processed 12d 13h ago SEC 9999999995-26-001541
IPO/offering going effective
Latest settled — T+5d
AROW ▼ -3.02% at T+5d
NEUTRAL call ✗ call lost -3.02% · α vs SPY -4.49% · entry $36.84 → $35.73
Next anchor: T+20d in 19d
Currently $36.53 · -0.85% from $36.84 entry
Entry anchored
May 8, 2026
via day open
T+1d
-2.05%
call -2.05% · α -2.28%
$36.09
settled 9d ago
T+5d
-3.02%
call -3.02% · α -4.49%
$35.73
settled 5d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

Arrow Financial Corp's S-4 registration statement covering a merger transaction was declared effective by the SEC on May 7, 2026. This clears a key regulatory hurdle, allowing the company to proceed with the shareholder vote and closing of the acquisition. The effectiveness removes a major uncertainty for the deal timeline.

Actionable Insight

The S-4 effectiveness removes a key regulatory milestone for the pending merger. Watch for the shareholder meeting date and vote results. The stock may trade on deal-odds spreads until closing. Monitor for any competing bids or regulatory pushback.

Key Facts

  • SEC declared S-4 registration statement (File No. 333-295242) effective on May 7, 2026
  • S-4 covers a merger transaction involving Arrow Financial Corp
  • Effectiveness allows the company to mail the definitive proxy/prospectus to shareholders
  • No financial terms of the merger are disclosed in this filing

Financial Impact

No financial figures disclosed in this filing

Risk Factors

  • Shareholder vote could fail, blocking the merger
  • Regulatory approvals beyond SEC effectiveness may still be pending
  • Deal terms could be renegotiated or terminated if material adverse changes occur

Market Snapshot

Exchange
Nasdaq
Sector
National Commercial Banks
Analyst Consensus
0% bullish (6 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
EFFECT Filing (Primary)9999999995-26-001541
Document: 9999999995-26-001541-index.html9999999995-26-001541
Document: 9999999995-26-001541.txt9999999995-26-001541
5 reports for AROW
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for AROW — sortable, filterable
Type Now
May 8, 2026
12d ago
EFFECT
NEUTRAL ★ 5/10
$36.84 $35.73▼ −3.02%▼ −4.49%$36.53 (−0.85%)
Apr 30, 2026
20d ago
8-K
NEUTRAL ★ 4/10
$36.55 $36.97▲ +1.16%▼ −0.57%$36.53 (−0.04%)
Apr 23, 2026
27d ago
DEFA14A
NEUTRAL ★ 2/10
$36.24 $36.06▼ −0.49%▼ −1.97%$36.53 (+0.80%)
Mar 27, 2026
7w ago
10-K/A
NEUTRAL ★ 2/10
$32.75 $34.63▲ +5.75%▲ +1.89%$36.53 (+11.55%)
Feb 26, 2026
11w ago
8-K
BULLISH ★ 8/10
$34.02 $32.99▼ −3.02%▼ −1.89%$36.53 (+7.39%)
Showing 5 of 5

US Market Status

Market Closed — Opens Thu (< 1m)

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