Last updated: 30 June 2022 at 11:40am EST

Michael Clarke Net Worth




The estimated Net Worth of Michael B Clarke is at least $880 Thousand dollars as of 9 June 2020. Mr. Clarke owns over 2,873 units of Arrow stock worth over $107,394 and over the last 18 years he sold AROW stock worth over $707,550. In addition, he makes $64,598 as Independent Director at Arrow.

Mr. Clarke AROW stock SEC Form 4 insiders trading

Michael has made over 10 trades of the Arrow stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 2,873 units of AROW stock worth $63,867 on 9 June 2020.

The largest trade he's ever made was selling 6,279 units of Arrow stock on 16 November 2016 worth over $236,781. On average, Michael trades about 525 units every 38 days since 2006. As of 9 June 2020 he still owns at least 3,852 units of Arrow stock.

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





Michael Clarke biography

Michael B. Clarke serves as Independent Director of the Company. He previously served as a Director of the Company and GFNB from the late 1980s until 1999, before temporarily relocating out of the area. Mr. Clarke has experience in the cement manufacturing industry. He served as President of Glens Falls Cement Company from 1985 to 1999, President and CEO of Lone Star Industries in Indiana from 1999 to 2004, and President of the Midwest Division of Buzzi Unicem, USA, from 2004 to 2005. Mr. Clarke has a bachelor’s degree from McGill University and an MBA from Harvard University. In addition to his executive experience at manufacturing companies, Mr. Clarke has a finance background and a longstanding historical knowledge of the Company.

What is the salary of Michael Clarke?

As the Independent Director of Arrow, the total compensation of Michael Clarke at Arrow is $64,598. There are 11 executives at Arrow getting paid more, with Thomas Murphy having the highest compensation of $1,428,710.



How old is Michael Clarke?

Michael Clarke is 73, he's been the Independent Director of Arrow since 2014. There are 1 older and 18 younger executives at Arrow. The oldest executive at Arrow Financial Corp. is Richard Reisman, 74, who is the Independent Director.

What's Michael Clarke's mailing address?

Michael's mailing address filed with the SEC is 58 Christiana Ct, Lake George, NY 12845, USA.

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. Clarke stock trades at Arrow

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
9 Jun 2020 Michael B Clarke
Director
Option 2,873 $22.23 $63,867
9 Jun 2020
3,852
16 Nov 2016 Michael B Clarke
Director
Sale 6,279 $37.71 $236,781
16 Nov 2016
700
16 Nov 2016 Michael B Clarke
Director
Sale 6,279 $37.71 $236,781
16 Nov 2016
700
19 Aug 2016 Michael B Clarke
Director
Option 6,279 $21.52 $135,124
19 Aug 2016
6,979
19 Aug 2016 Michael B Clarke
Director
Option 6,279 $21.52 $135,124
19 Aug 2016
6,979
25 Jul 2016 Michael B Clarke
Director
Sale 2,000 $31.92 $63,840
25 Jul 2016
674
25 Jul 2016 Michael B Clarke
Director
Sale 2,000 $31.92 $63,840
25 Jul 2016
674
18 Aug 2014 Michael B Clarke
Director
Sale 1,250 $26.55 $33,188
18 Aug 2014
1,324
9 May 2014 Michael B Clarke
Director
Sale 1,000 $25.50 $25,500
9 May 2014
2,264
29 Apr 2013 Michael B Clarke
Director
Sale 2,000 $23.81 $47,620
29 Apr 2013
2,533


Arrow executives and stock owners

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