{"schema_version":"secwatch.filing_event.v1","accession":"0000717538-25-000100","form_type":"8-K","ticker":"AROW","cik":"0000717538","company_name":"ARROW FINANCIAL CORP","filed_at":"2025-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.983139+00:00","generated_at":"2026-05-17T00:27:16.341855+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Arrow Financial reaches preliminary settlement of shareholder derivative suit; no material financial impact","bullets":["Court preliminarily approved settlement on Oct 22, 2025; final hearing set for Jan 12, 2026.","Suit alleged breach of fiduciary duties over defective internal controls and delayed SEC filings.","Settlement requires adoption of corporate governance reforms; no monetary payment to company.","Company states settlement has no material impact on results of operations or financial position.","Plaintiff's counsel may seek up to $5,000 service award and legal fees from the company."],"urls":{"canonical":"https://secwatch.observer/filing/0000717538-25-000100","json":"https://secwatch.observer/filing/0000717538-25-000100.json","markdown":"https://secwatch.observer/filing/0000717538-25-000100.md","text":"https://secwatch.observer/filing/0000717538-25-000100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/717538/000071753825000100/0000717538-25-000100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/717538/000071753825000100/arow-20251022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T00:27:16.341855+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}