Kevin G. Hostetler - Mar 17, 2025 Form 4 Insider Report for Array Technologies, Inc. (ARRY)

Role: Chief Executive Officer, Director
Signature: /s/ Christopher Fox as Attorney-in-Fact
Stock symbol: ARRY
Transactions as of: Mar 17, 2025
Transactions value $: -$89,731
Form type: 4
Date filed: 3/19/2025, 07:38 PM
Previous filing: Mar 14, 2025
Next filing: Mar 27, 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	+35.1K	+24.21%	$0.00	180K	Mar 17, 2025	Direct	F1
transaction	ARRY	Common Stock, par value $0.001 per share	Tax liability	-$89.7K	-14.7K	-8.16%	$6.10	166K	Mar 17, 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	Award	$0	+334K	+61.79%	$0.00	876K	Mar 18, 2025	Common Stock, par value $0.001 per share	334K		Direct	F1, F3
transaction	ARRY	Restricted Stock Units	Options Exercise	$0	-35.1K	-4.01%	$0.00	840K	Mar 17, 2025	Common Stock, par value $0.001 per share	35.1K		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 17, 2025.
F3	Each restricted stock unit award vests in three equal annual installments, beginning on the first anniversary of the grant date.