Last updated: 30 May 2023 at 3:35pm EST

Thomas Hoy Net Worth




The estimated Net Worth of Thomas L Hoy is at least $5.77 Millón dollars as of 31 July 2020. Mr. Hoy owns over 3,000 units of Arrow stock worth over $5,413,097 and over the last 21 years he sold AROW stock worth over $282,983. In addition, he makes $71,248 as Independent Chairman of the Board at Arrow.

Mr. Hoy AROW stock SEC Form 4 insiders trading

Thomas has made over 22 trades of the Arrow stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of AROW stock worth $82,230 on 31 July 2020.

The largest trade he's ever made was exercising 15,686 units of Arrow stock on 19 February 2019 worth over $307,132. On average, Thomas trades about 1,383 units every 35 days since 2003. As of 31 July 2020 he still owns at least 194,157 units of Arrow stock.

You can see the complete history of Mr. Hoy stock trades at the bottom of the page.





Thomas Hoy biography

Thomas L. Hoy serves as Independent Chairman of the Board of the Company. He has been a Director of the Company since 1996, Chairman of the Board since 2004, a Director of GFNB since 1994, and Chairman of the Board of GFNB since 2004. He was President of the Company from 1996 to 2012, and CEO from 1997 until his retirement at the end of 2012. In addition, Mr. Hoy was President of GFNB from 1995 to 2011. Mr. Hoy’s more than four-decade career with our organization started in 1974 as a management trainee and included various roles in GFNB’s Trust and Investment Division. He serves on the Federal Home Loan Bank of New York Board of Directors, a role he has held since 2011. Mr. Hoy holds a bachelor’s degree from Cornell University. His expertise in the banking, investment and financial services industries – both generally and as our former President and CEO of the Company – is of great value to the Company.

What is the salary of Thomas Hoy?

As the Independent Chairman of the Board of Arrow, the total compensation of Thomas Hoy at Arrow is $71,248. There are 9 executives at Arrow getting paid more, with Thomas Murphy having the highest compensation of $1,428,710.



How old is Thomas Hoy?

Thomas Hoy is 71, he's been the Independent Chairman of the Board of Arrow since 2018. There are 2 older and 16 younger executives at Arrow. The oldest executive at Arrow Financial Corp. is Richard Reisman, 74, who is the Independent Director.

What's Thomas Hoy's mailing address?

Thomas's mailing address filed with the SEC is ARROW FINANCIAL CORPORATION, 250 GLEN STREET, GLENS FALLS, NY, 12801.

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 y 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. Hoy stock trades at Arrow

Fecha
#
Empresa
Persona
Trans.
Transacción
Acciones Precio por acción Precio total Acciones después de Fuente
31 Jul 2020 Thomas L Hoy
Director
Comprar 3,000 $27.41 $82,230
31 Jul 2020
194,157
9 Dec 2019 Thomas L Hoy
Director
Venta 1,000 $35.57 $35,570
9 Dec 2019
190,834
5 Nov 2019 Thomas L Hoy
Director
Venta 1,500 $36.05 $54,075
5 Nov 2019
192,469
21 Feb 2019 Thomas L Hoy
Director
Uso de opción 15,228 $20.90 $318,265
21 Feb 2019
199,779
19 Feb 2019 Thomas L Hoy
Director
Uso de opción 15,686 $19.58 $307,132
19 Feb 2019
197,408
9 Mar 2018 Thomas L Hoy
Director
Uso de opción 15,686 $18.00 $282,348
9 Mar 2018
187,502
26 Oct 2017 Thomas L Hoy
Director
Venta 1,300 $35.16 $45,708
26 Oct 2017
173,615
8 Jun 2017 Thomas L Hoy
Director
Venta 1,000 $32.75 $32,750
8 Jun 2017
170,934
13 Mar 2017 Thomas L Hoy
Director
Uso de opción 7,981 $17.82 $142,221
13 Mar 2017
178,165
6 Jun 2016 Thomas L Hoy
Director
Venta 1,000 $28.84 $28,840
6 Jun 2016
168,862
6 Jun 2016 Thomas L Hoy
Director
Venta 1,000 $28.84 $28,840
6 Jun 2016
168,862
15 Apr 2016 Thomas L Hoy
Director
Venta 2,000 $28.60 $57,200
15 Apr 2016
169,594
15 Jun 2015 Thomas L Hoy
Director
Uso de opción 9,973 $19.97 $199,161
15 Jun 2015
175,380
8 May 2014 Thomas L Hoy
Director
Comprar 1,000 $25.00 $25,000
8 May 2014
168,322
28 Apr 2014 Thomas L Hoy
Director
Comprar 1,000 $25.49 $25,490
28 Apr 2014
167,322
14 Mar 2014 Thomas L Hoy
Director
Uso de opción 12,424 $25.77 $320,166
14 Mar 2014
178,459
22 Jul 2013 Thomas L Hoy
Director
Uso de opción 1,910 $22.18 $42,364
22 Jul 2013
168,020
23 Apr 2013 Thomas L Hoy
Director
Comprar 1,000 $23.95 $23,950
23 Apr 2013
165,820
25 Jan 2013 Thomas L Hoy
Director
Comprar 5,000 $23.89 $119,450
25 Jan 2013
160,907
26 Nov 2012 Thomas L Hoy
Director
Uso de opción 10,634 $22.18 $235,862
26 Nov 2012
167,335
27 Jan 2012 Thomas L Hoy
Director
Uso de opción 15,374 $22.06 $339,150
27 Jan 2012
167,090
9 Sep 2011 Thomas L Hoy
Director
Uso de opción 5,330 $18.11 $96,526
9 Sep 2011
151,496


Arrow executives and stock owners

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