The estimated Net Worth of Gary C Dake is at least $2.17 Milhão dollars as of 7 February 2024. Mr. Dake owns over 2,000 units of Arrow stock worth over $1,581,409 and over the last 21 years he sold AROW stock worth over $528,713. In addition, he makes $57,948 as Independent Director at Arrow.
Gary has made over 18 trades of the Arrow stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of AROW stock worth $47,460 on 7 February 2024.
The largest trade he's ever made was exercising 5,137 units of Arrow stock on 25 July 2016 worth over $112,706. On average, Gary trades about 473 units every 32 days since 2003. As of 7 February 2024 he still owns at least 56,722 units of Arrow stock.
You can see the complete history of Mr. Dake stock trades at the bottom of the page.
Gary C. Dake serves as Independent Director of the Company. He is also Director of the Company’s subsidiary bank, Saratoga National Bank and Trust Company (“SNB”) since 2001. Mr. Dake is President of Stewart’s Shops Corp., a large, privately owned, vertically integrated, multi-state convenience store chain, and of Stewart’s Processing Corp., an affiliated dairy manufacturing and processing company. Mr. Dake holds a bachelor’s degree from St. Lawrence University. He has experience with large business operations as a result of his management of Stewart’s, which also gives him a unique and broad understanding of the many communities the Company serves.
As the Independent Director of Arrow, the total compensation of Gary Dake at Arrow is $57,948. There are 14 executives at Arrow getting paid more, with Thomas Murphy having the highest compensation of $1,428,710.
Gary Dake is 59, he's been the Independent Director of Arrow since 2003. There are 10 older and 6 younger executives at Arrow. The oldest executive at Arrow Financial Corp. is Richard Reisman, 74, who is the Independent Director.
Gary's mailing address filed with the SEC is PO BOX 435, , SARATOGA SPRINGS, NY, 12866.
Over the last 21 years, insiders at Arrow have traded over $4,935,196 worth of Arrow stock and bought 68,056 units worth $1,610,245 . The most active insiders traders include Thomas L Hoy, Thomas J. Murphy, eDavid S. De Marco. On average, Arrow executives and independent directors trade stock every 20 days with the average trade being worth of $73,966. The most recent stock trade was executed by Raymond F O'conor on 3 September 2024, trading 2,000 units of AROW stock currently worth $60,180.
arrow financial corporation, a bank holding company, provides commercial and consumer banking, and financial products and services. the company's deposit products include demand deposits, interest-bearing checking accounts, savings deposits, time deposits, and other time deposits. its lending activities comprise commercial loans, such as term loans, time notes, and lines of credit; and commercial real estate loans to finance real estate purchases, refinancing, expansions, and improvements to commercial properties, as well as commercial construction and land development loans to finance projects. the company's lending activities also include consumer installment loans to finance personal expenditures, personal lines of credit, overdraft protection, and automobile loans; and residential real estate loans, fixed home equity loans, and home equity lines of credit for consumers to finance home improvements, debt consolidation, education, and other uses. in addition, it maintains an indirect
Arrow executives and other stock owners filed with the SEC include: