Neil Manning - Feb 15, 2025 Form 4 Insider Report for Array Technologies, Inc. (ARRY)

Signature
/s/ Neil Manning
Stock symbol
ARRY
Transactions as of
Feb 15, 2025
Transactions value $
-$8,189
Form type
4
Date filed
2/19/2025, 09:29 PM
Previous filing
Dec 18, 2024
Next filing
Mar 14, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARRY Common Stock, par value $0.001 per share Options Exercise +3.75K +27.92% 17.2K Feb 15, 2025 Direct F1, F2
transaction ARRY Common Stock, par value $0.001 per share Tax liability -$8.19K -1.21K -7.02% $6.79 16K Feb 15, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARRY Restricted Stock Units Options Exercise $0 -3.75K -3.71% $0.00 97.2K Feb 15, 2025 Common Stock, par value $0.001 per share 3.75K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Long-Term Incentive Plan.
F2 Includes 1,586 shares acquired under the issuer's 2021 Employee Stock Purchase Plan ("ESPP"), which acquisitions are exempt from Section 16. All ESPP information reported herein is based on a plan statement dated as of December 31, 2024.
F3 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units.