Neil Manning - 12 Mar 2025 Form 4 Insider Report for Array Technologies, Inc. (ARRY)

Role
President & COO
Signature
/s/ Christopher Fox as Attorney-in-Fact
Issuer symbol
ARRY
Transactions as of
12 Mar 2025
Net transactions value
-$13,302
Form type
4
Filing time
14 Mar 2025, 20:05:02 UTC
Previous filing
19 Feb 2025
Next filing
19 Mar 2025
SEC
View on sec.gov

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 $0 +8,216 +51% $0.000000 24,187 12 Mar 2025 Direct F1
transaction ARRY Common Stock, par value $0.001 per share Tax liability $13,302 -2,206 -9.1% $6.03 21,981 12 Mar 2025 Direct F2

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 -8,216 -8.5% $0.000000 89,002 12 Mar 2025 Common Stock, par value $0.001 per share 8,216 Direct F1, F3
* 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 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The number of shares withheld is based on the closing price of the Issuer's common stock on March 12, 2025.
F3 The restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date.

Remarks:

Exhibit 24: Power of attorney