Array Technologies HR chief acquires 32,739 shares
The company withheld 8,955 shares for taxes based on a $3.93 closing price; 90,710 unvested RSUs from separate grants were excluded.
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Rhea-AI Filing Summary
Array Technologies, Inc. Chief Human Resources Officer Terrance L. Collins reported the vesting and settlement of 32,739 restricted stock units on September 24, 2026, acquiring 32,739 common shares. The company withheld 8,955 shares to satisfy tax withholding obligations, based on a $3.93 per-share closing price. The reported remaining position was 16,867 restricted stock units, excluding 90,710 unvested RSUs from grants made on separate dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 32,739 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share F1 | 32,739 | -- | -- |
| Tax Withholding | Common Stock, par value $0.001 per share F2 | 8,955 | $3.93 | $35K |
Footnotes (4)
- 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 Amended and Restated 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 September 24, 2026.
- F3. On September 24, 2024, the reporting person was granted 49,606 restricted stock units, vesting 66% on the second anniversary of the grant date and 34% on the third anniversary of the grant date.
- F4. Does not include 90,710 unvested restricted stock units held by the reporting person in connection with grants made on separate dates.
Key Figures
Key Terms
restricted stock unit financial
tax withholding obligations financial
Amended and Restated 2020 Long-Term Incentive Plan financial
FAQ
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What was the vesting schedule for Terrance L. Collins's ARRY RSUs?
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