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Array Technologies, Inc. — Director's Dealing 2025
Mar 19, 2025
32065_dirs_2025-03-19_62fe1f74-ac04-4a3c-a9e2-80bbaa5f1ba5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Array Technologies, Inc. (ARRY)
CIK: 0001820721
Period of Report: 2025-03-17
Reporting Person: Hostetler Kevin G. (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-17 | Common Stock, par value $0.001 per share | M | 35149 | — | Acquired | 180315 | Direct |
| 2025-03-17 | Common Stock, par value $0.001 per share | F | 14710 | $6.10 | Disposed | 165605 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-18 | Restricted Stock Units | $ | A | 334420 | Acquired | Common Stock, par value $0.001 per share (334420) | Direct | |
| 2025-03-17 | Restricted Stock Units | $ | M | 35149 | Disposed | Common Stock, par value $0.001 per share (35149) | Direct |
Footnotes
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.