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Array Technologies, Inc. Director's Dealing 2025

Mar 14, 2025

32065_dirs_2025-03-14_8d285bc4-4006-4af1-89dd-afb4a48df13e.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: 2025-03-12

Reporting Person: Collins Terrance L (Chief Human Resources Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-12 Common Stock, par value $0.001 per share M 8627 Acquired 30143 Direct
2025-03-12 Common Stock, par value $0.001 per share F 2317 $6.03 Disposed 27826 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-12 Restricted Stock Units $ M 8627 Disposed Common Stock, par value $0.001 per share (8627) 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 12, 2025.

F3: The restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date.

F4: Includes (i) 5,082 unvested restricted stock units granted on August 1, 2022, (ii) 12,303 unvested restricted stock units granted on March 17, 2023, (iii) 17,256 unvested restricted stock units granted on March 12, 2024, in each case previously reported on Table I of Form 4, and 49,606 unvested restricted stock units granted on September 24, 2024 previously not reported on Form 4 until vesting.