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JOHNSON INVESTMENT COUNSEL INC
> AROW
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | ARROW FINANCIAL CORP | AROW | 60,032 | -517 | 1,209,044,000 | -299,232,000 | $20,139.99 |
| 03/31/2023 | ARROW FINANCIAL CORP | AROW | 60,549 | 0 | 1,508,276,000 | 1,506,531,000 | $24,910.01 |
| 09/30/2022 | ARROW FINANCIAL CORP | AROW | 60,549 | 1,762 | 1,745,000 | -125,000 | $28.82 |
| 06/30/2022 | ARROW FINANCIAL CORP | AROW | 58,787 | 0 | 1,870,000 | -36,000 | $31.81 |
| 03/31/2022 | ARROW FINANCIAL CORP | AROW | 58,787 | 0 | 1,906,000 | -165,000 | $32.42 |
| 12/31/2021 | ARROW FINANCIAL CORP | AROW | 58,787 | 12,160 | 2,071,000 | 469,000 | $35.23 |
| 09/30/2021 | ARROW FINANCIAL CORP | AROW | 46,627 | 1,357 | 1,602,000 | -25,000 | $34.36 |
| 06/30/2021 | ARROW FINANCIAL CORP | AROW | 45,270 | 45,270 | 1,627,000 | 1,627,000 | $35.94 |
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