secwatch.observer — SEC 8-K summary
======================================

Issuer:     ARROW FINANCIAL CORP (AROW)
CIK:        0000717538
Form:       8-K
Filed at:   2025-07-03T23:59:59+00:00
Accession:  0000717538-25-000073
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717538/000071753825000073/0000717538-25-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717538/000071753825000073/arow-20250701.htm
  HTML page:      https://secwatch.observer/filing/0000717538-25-000073

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer