Last updated: 11 July 2024 at 3:54pm EST

Gary Dake Net Worth




The estimated Net Worth of Gary C Dake is at least $2.17 Million 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.

Mr. Dake AROW stock SEC Form 4 insiders trading

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 Dake biography

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.

What is the salary of Gary Dake?

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.



How old is Gary Dake?

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.

What's Gary Dake's mailing address?

Gary's mailing address filed with the SEC is PO BOX 435, , SARATOGA SPRINGS, NY, 12866.

Insiders trading at Arrow

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, and David 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.



What does Arrow do?

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



What does Arrow's logo look like?

Arrow Financial Corp. logo

Complete history of Mr. Dake stock trades at Arrow

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Feb 2024 Gary C Dake
Director
Buy 2,000 $23.73 $47,460
7 Feb 2024
56,722
27 Oct 2023 Gary C Dake
Director
Buy 4,800 $20.58 $98,784
27 Oct 2023
53,467
10 Mar 2023 Gary C Dake
Director
Buy 1,000 $27.57 $27,570
10 Mar 2023
46,329
17 Feb 2023 Gary C Dake
Director
Option 1,160 $28.29 $32,816
17 Feb 2023
45,312
20 May 2022 Gary C Dake
Director
Buy 785 $31.46 $24,696
20 May 2022
40,921
5 May 2022 Gary C Dake
Director
Buy 775 $32.01 $24,808
5 May 2022
40,136
7 Feb 2022 Gary C Dake
Director
Option 300 $21.65 $6,495
7 Feb 2022
38,780
9 Dec 2019 Gary C Dake
Director
Sale 1,909 $35.35 $67,483
9 Dec 2019
31,248
11 Nov 2019 Gary C Dake
Director
Sale 3,500 $35.17 $123,095
11 Nov 2019
32,554
8 Nov 2019 Gary C Dake
Director
Option 1,706 $22.74 $38,794
8 Nov 2019
36,597
15 Oct 2019 Gary C Dake
Director
Sale 3,500 $32.22 $112,770
15 Oct 2019
35,383
9 Sep 2019 Gary C Dake
Director
Sale 3,500 $32.01 $112,035
9 Sep 2019
37,517
12 Aug 2019 Gary C Dake
Director
Sale 3,500 $32.38 $113,330
12 Aug 2019
41,001
26 Jul 2018 Gary C Dake
Director
Option 834 $22.28 $18,582
26 Jul 2018
40,802
18 Nov 2016 Gary C Dake
Director
Option 797 $23.75 $18,929
18 Nov 2016
34,946
18 Nov 2016 Gary C Dake
Director
Option 797 $23.75 $18,929
18 Nov 2016
34,946
25 Jul 2016 Gary C Dake
Director
Option 5,137 $21.94 $112,706
25 Jul 2016
33,688
25 Jul 2016 Gary C Dake
Director
Option 5,137 $21.94 $112,706
25 Jul 2016
33,688


Arrow executives and stock owners

Arrow executives and other stock owners filed with the SEC include: