---
schema_version: "secwatch.filing_event.v1"
accession: "0000717538-25-000073"
form_type: "8-K"
ticker: "AROW"
cik: "0000717538"
company_name: "ARROW FINANCIAL CORP"
filed_at: "2025-07-03T23:59:59+00:00"
generated_at: "2026-05-18T09:33:05.256187+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Arrow Financial signs six-month consulting deal with former CCO Kaiser at $2,500/month

## Summary
- Former SEVP & CCO David D. Kaiser retired June 30, 2025; entered six-month consulting agreement effective July 1, 2025.
- Compensation: $2,500/month ($15,000 total) plus approved out-of-pocket expenses.
- Term: July 1–Dec 31, 2025; either party may terminate with 30 days' notice without liability.
- Services: oversee projects as directed by CEO; Kaiser is independent contractor, not employee.
- Includes confidentiality, noncompete (NY depository institutions ≥$100M assets), and nonsolicitation covenants.

## SEC filing metadata
- accession: 0000717538-25-000073
- form_type: 8-K
- ticker: AROW
- cik: 0000717538
- company_name: ARROW FINANCIAL CORP
- filed_at: 2025-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717538/000071753825000073/0000717538-25-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717538/000071753825000073/arow-20250701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000717538-25-000073
- JSON: https://secwatch.observer/filing/0000717538-25-000073.json
- Plain text: https://secwatch.observer/filing/0000717538-25-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.