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Compiled from SEC Form N-PX filings and ARROW FINANCIAL CORP.’s Form 8-K, filed June 4, 2025 (Item 5.07 on EDGAR). Page generated October 14, 2026.
Meeting of June 4, 2025: 8 items on ARROW FINANCIAL CORP.’s Form 8-K, filed June 4, 2025: 2 approved · 6 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore ARROW FINANCIAL CORP. in the interactive database Compare manager voting policies
These tallies are ARROW FINANCIAL CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed June 4, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Tenée R. Casaccio | 9,211,046 | -- | -- | 551,725 | 3,083,667 | 94% | Not verified | — |
| Elect Director: James M. Dawsey | 9,207,144 | -- | -- | 555,627 | 3,083,667 | 94% | Not verified | — |
| Elect Director: Philip C. Morris | 9,420,659 | -- | -- | 342,112 | 3,083,667 | 96% | Not verified | — |
| Elect Director: Colin L. Read, Ph.D. | 8,881,824 | -- | -- | 880,947 | 3,083,667 | 91% | Not verified | — |
| Elect Director: Daniel J. White | 9,465,581 | -- | -- | 297,190 | 3,083,667 | 97% | Not verified | — |
| Elect Director: Kristine D. Duffy, Ed.D. | 9,384,378 | -- | -- | 378,393 | 3,083,667 | 96% | Not verified | — |
| 2. The approval, on an advisory basis, of the Company's 2024 executive compensation | 8,866,974 | 679,350 | 216,447 | -- | 3,083,667 | 93% | Approved | — |
| 3. The ratification of the selection of the independent registered public accounting firm, Crowe LLP, as the Company's independent auditor for the fiscal year ending December 31, 2025 | 12,399,085 | 396,130 | 51,223 | -- | -- | 97% | Approved | — |
Source: ARROW FINANCIAL CORP., Form 8-K, filed with the SEC on June 4, 2025 — read the filing on EDGAR.
Each item below shows how the 154 asset managers that disclosed a ARROW FINANCIAL CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 4 wordings of this item as funds reported it.
91% Majority: yes · of votes cast
Description as filed by funds: To elect each of the following four (4) persons as Class C directors to a term of three (3) years, one (1) person as a Class A director for a term of one (1) year, and one (1) person as a Class B director for a term of two (2) years, each to serve until their successors have been duly elected and qualified: Class C: Colin L. Read, Ph.D.
ARROW FINANCIAL CORP.’s own tally for this item (“Elect Director: Colin L. Read, Ph.D.”): 8,881,824 for, 880,947 withheld, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 91% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,246,999 for, 240,539 withheld, 2,800 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 0 | 0 | 0 | 75,415 | Withhold |
| TIAA | 0 | 0 | 0 | 57,666 | Withhold |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 29,643 | 0 | 0 | 15,491 | Mixed |
| WisdomTree | 0 | 0 | 0 | 36,247 | Withhold |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,604 | 0 | 0 | 2 | For |
| Columbia Threadneedle | 0 | 0 | 0 | 19,736 | Withhold |
| Invesco | 0 | 0 | 0 | 19,514 | Withhold |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 13,838 | 0 | 0 | 0 | For |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 4 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: To elect each of the following four (4) persons as Class C directors to a term of three (3) years, one (1) person as a Class A director for a term of one (1) year, and one (1) person as a Class B director for a term of two (2) years, each to serve until their successors have been duly elected and qualified: Class A: Daniel J. White
ARROW FINANCIAL CORP.’s own tally for this item (“Elect Director: Daniel J. White”): 9,465,581 for, 297,190 withheld, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,490,338 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 45,134 | 0 | 0 | 0 | For |
| WisdomTree | 36,247 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,606 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 13,838 | 0 | 0 | 0 | For |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 4 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: To elect each of the following four (4) persons as Class C directors to a term of three (3) years, one (1) person as a Class A director for a term of one (1) year, and one (1) person as a Class B director for a term of two (2) years, each to serve until their successors have been duly elected and qualified: Class C: James M. Dawsey
ARROW FINANCIAL CORP.’s own tally for this item (“Elect Director: James M. Dawsey”): 9,207,144 for, 555,627 withheld, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,461,820 for, 28,518 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 29,643 | 0 | 0 | 15,491 | Mixed |
| WisdomTree | 36,247 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,604 | 0 | 0 | 2 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 1,859 | 0 | 0 | 11,979 | Mixed |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 4 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: To elect each of the following four (4) persons as Class C directors to a term of three (3) years, one (1) person as a Class A director for a term of one (1) year, and one (1) person as a Class B director for a term of two (2) years, each to serve until their successors have been duly elected and qualified: Class B: Kristine D. Duffy, Ed.D.
ARROW FINANCIAL CORP.’s own tally for this item (“Elect Director: Kristine D. Duffy, Ed.D.”): 9,384,378 for, 378,393 withheld, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,474,847 for, 15,491 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 29,643 | 0 | 0 | 15,491 | Mixed |
| WisdomTree | 36,247 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,606 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 13,838 | 0 | 0 | 0 | For |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 4 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: To elect each of the following four (4) persons as Class C directors to a term of three (3) years, one (1) person as a Class A director for a term of one (1) year, and one (1) person as a Class B director for a term of two (2) years, each to serve until their successors have been duly elected and qualified: Class C: Philip C. Morris
ARROW FINANCIAL CORP.’s own tally for this item (“Elect Director: Philip C. Morris”): 9,420,659 for, 342,112 withheld, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,474,847 for, 15,491 withheld.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 29,643 | 0 | 0 | 15,491 | Mixed |
| WisdomTree | 36,247 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,606 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 13,838 | 0 | 0 | 0 | For |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 8 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: To elect each of the following four (4) persons as Class C directors to a term of three (3) years, one (1) person as a Class A director for a term of one (1) year, and one (1) person as a Class B director for a term of two (2) years, each to serve until their successors have been duly elected and qualified: Class C: Tenee R. Casaccio
ARROW FINANCIAL CORP.’s own tally for this item (“Elect Director: Tenée R. Casaccio”): 9,211,046 for, 551,725 withheld, per its Form 8-K filed June 4, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,457,298 for, 30,240 withheld, 2,800 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 29,643 | 0 | 0 | 15,491 | Mixed |
| WisdomTree | 36,247 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,604 | 0 | 0 | 2 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 1,859 | 0 | 0 | 11,979 | Mixed |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Combines 7 wordings of this item as funds reported it.
93% Approved · of votes cast
Description as filed by funds: To approve, on an advisory basis, a resolution relating to the 2024 executive compensation ("Say-on-Pay").
ARROW FINANCIAL CORP.’s own tally for this item (“2. The approval, on an advisory basis, of the Company's 2024 executive compensation”): 8,866,974 for, 679,350 against — passed, per its Form 8-K filed June 4, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “(2) approved on an advisory basis the Company's 2024 executive compensation”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of ARROW FINANCIAL CORP.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (2 managers, 10,178 for).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 45,134 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 36,247 | 0 | 0 | Against |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,597 | 9 | 0 | 0 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 13,838 | 0 | 0 | 0 | For |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Fund voting reports, all 53 managers: 3,440,516 for, 39,644 against. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| BlackRock | 552,221 | 5,158 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 380,556 | 0 | 0 | 0 | For |
| State Street | 329,848 | 1,544 | 0 | 0 | For |
| American Century | 320,903 | 0 | 0 | 0 | For |
| Renaissance | 216,308 | 0 | 0 | 0 | For |
| Rhino Investment Partners, Inc | 167,953 | 0 | 0 | 0 | For |
| Voya | 150,914 | 0 | 0 | 0 | For |
| Charles Schwab | 124,255 | 0 | 0 | 0 | For |
| Northern Trust | 121,938 | 149 | 0 | 0 | For |
| ROCKEFELLER FINANCIAL LLC | 118,285 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 93,030 | 0 | 0 | 0 | For |
| Dimensional | 80,175 | 0 | 0 | 0 | For |
| Connor, Clark & Lunn Investment Management Ltd. | 79,243 | 0 | 0 | 0 | For |
| TRUST CO OF VERMONT | 76,124 | 0 | 0 | 0 | For |
| FRANKLIN MUTUAL ADVISERS LLC | 75,432 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 0 | 68,526 | 0 | 0 | Against |
| JOHNSON INVESTMENT COUNSEL INC | 59,102 | 0 | 0 | 0 | For |
| Nuveen | 58,183 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 0 | 56,646 | 0 | 0 | Against |
| T. Rowe Price | 51,999 | 0 | 0 | 0 | For |
| Eaton Vance | 41,380 | 0 | 0 | 0 | For |
| Citadel | 24,498 | 0 | 0 | 0 | For |
| Invesco | 23,416 | 0 | 0 | 0 | For |
| Universal-Investment-Gesellschaft mbH | 0 | 18,339 | 0 | 0 | Against |
| FINANCIAL COUNSELORS INC | 16,114 | 0 | 0 | 0 | For |
Institutional-manager reports, all 115 managers: 3,369,119 for, 169,388 against. Showing the 25 largest; see all in the interactive database.
Combines 2 wordings of this item as funds reported it.
97% Approved · of votes cast
Description as filed by funds: TO RATIFY THE SELECTION OF THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM CROWE LLP AS THE COMPANY'S INDEPENDENT AUDITOR FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.
ARROW FINANCIAL CORP.’s own tally for this item (“3. The ratification of the selection of the independent registered public accounting firm, Crowe LLP, as the Company's independent auditor for the fiscal year ending December 31, 2025”): 12,399,085 for, 396,130 against — passed, per its Form 8-K filed June 4, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “(3) ratified the selection of the independent registered public accounting firm, Crowe LLP, as our independent auditor for the fiscal year ending December 31, 2025”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 55 asset managers below reported 3,490,338 for.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 825,737 | 0 | 0 | 0 | For |
| BlackRock | 710,645 | 0 | 0 | 0 | For |
| Dimensional | 445,188 | 0 | 0 | 0 | For |
| Fidelity | 338,559 | 0 | 0 | 0 | For |
| American Century | 314,116 | 0 | 0 | 0 | For |
| Charles Schwab | 124,117 | 0 | 0 | 0 | For |
| Voya | 98,522 | 0 | 0 | 0 | For |
| FRANKLIN VALUE INVESTORS TRUST | 75,415 | 0 | 0 | 0 | For |
| TIAA | 57,666 | 0 | 0 | 0 | For |
| First Trust | 55,468 | 0 | 0 | 0 | For |
| JOHNSON MUTUAL FUNDS TRUST | 54,797 | 0 | 0 | 0 | For |
| Equitable | 45,134 | 0 | 0 | 0 | For |
| WisdomTree | 36,247 | 0 | 0 | 0 | For |
| HOTCHKIS & WILEY FUNDS /DE/ | 30,200 | 0 | 0 | 0 | For |
| QUANTITATIVE MASTER SERIES LLC | 27,876 | 0 | 0 | 0 | For |
| State Street | 24,606 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 19,736 | 0 | 0 | 0 | For |
| Invesco | 19,514 | 0 | 0 | 0 | For |
| Principal | 19,200 | 0 | 0 | 0 | For |
| Lincoln Financial | 13,838 | 0 | 0 | 0 | For |
| T. Rowe Price | 12,679 | 0 | 0 | 0 | For |
| Prudential/PGIM | 12,160 | 0 | 0 | 0 | For |
| Pacific Life | 12,118 | 0 | 0 | 0 | For |
| Northern Trust | 11,771 | 0 | 0 | 0 | For |
| Goldman Sachs | 11,590 | 0 | 0 | 0 | For |
Showing the 25 largest of 55 asset managers. See all 55 in the interactive database.
Not shown here: this season’s fund filings also report 2 items from the meeting of October 25, 2023, which belongs to the 2023-2024 season; 1 item from the meeting of June 5, 2024, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 16,742,921 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 4.93% |
| 2 | BlackRock | 4.24% |
| 3 | Dimensional | 2.66% |
| 4 | Fidelity | 2.02% |
| 5 | American Century | 1.88% |
| 6 | Charles Schwab | 0.74% |
| 7 | Voya | 0.59% |
| 8 | FRANKLIN VALUE INVESTORS TRUST | 0.45% |
| 9 | TIAA | 0.34% |
| 10 | First Trust | 0.33% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | BlackRock | 3.33% |
| 2 | GEODE CAPITAL MANAGEMENT, LLC | 2.27% |
| 3 | State Street | 1.98% |
| 4 | American Century | 1.92% |
| 5 | Renaissance | 1.29% |
| 6 | Rhino Investment Partners, Inc | 1.00% |
| 7 | Voya | 0.90% |
| 8 | Charles Schwab | 0.74% |
| 9 | Northern Trust | 0.73% |
| 10 | ROCKEFELLER FINANCIAL LLC | 0.71% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| BlackRock | 8.01% | 13F |
| Vanguard Group | 4.98% | 13F |
| Dimensional Fund Advisors | 4.44% | 13F |
| State Street | 2.30% | 13F |
| Geode Capital | 2.27% | 13F |
| Renaissance Technologies | 1.38% | 13F |
| Morgan Stanley | 1.26% | 13F |
| Northern Trust | 0.86% | 13F |
| Charles Schwab | 0.74% | 13F |
| BNY Mellon | 0.51% | 13F |
Percentages above are of 16,742,921 shares outstanding, as reported by ARROW FINANCIAL CORP. on its Form 10-K dated December 31, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from ARROW FINANCIAL CORP.’s 10-K dated December 31, 2024. This page is a static snapshot rebuilt weekly on October 14, 2026; a live search always shows the current data.
At ARROW FINANCIAL CORP.'s shareholder meeting held June 4, 2025, in the 2024-2025 proxy season, 154 asset managers reported how they voted on 8 ballot items in their SEC Form N-PX filings, covering 1,384 separate fund positions. On the most widely held item on that ballot — To approve, on an advisory basis, a resolution relating to the 2024 executive compensation… — ARROW FINANCIAL CORP.'s filing reports the proposal as approved, with 93% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: ARROW FINANCIAL CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on June 4, 2025.
ARROW FINANCIAL CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.