Director at Array Technologies (NASDAQ: ARRY) receives 22,641 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cohen Emily Rachel reported acquisition or exercise transactions in this Form 4 filing.
Array Technologies, Inc. director Emily Rachel Cohen reported a compensation-related equity grant. She received 22,641 restricted stock units (RSUs), each representing the right to receive one share of common stock under the company’s 2020 Long-Term Incentive Plan.
The RSUs were granted on May 19, 2026 and are scheduled to vest on May 18, 2027, meaning the shares will be delivered if the vesting conditions are met. Following this grant, Cohen’s reported holdings from this award total 22,641 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cohen Emily Rachel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 22,641 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 22,641 shares (Direct, null)
Footnotes (1)
- 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. On May 19, 2026, the reporting person was granted 22,641 restricted stock units, which vest on May 18, 2027.
Key Figures
RSUs granted: 22,641 RSUs
RSUs vesting date: May 18, 2027
Holdings after grant: 22,641 RSUs
+1 more
4 metrics
RSUs granted
22,641 RSUs
Grant to director on May 19, 2026
RSUs vesting date
May 18, 2027
Scheduled vesting for 22,641 RSUs
Holdings after grant
22,641 RSUs
Total from this award following transaction
Exercise price
$0.00 per unit
Compensation grant, no cash exercise price
Key Terms
Restricted Stock Units, 2020 Long-Term Incentive Plan, Grant, award, or other acquisition
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Long-Term Incentive Plan financial
"in accordance with the Issuer's 2020 Long-Term Incentive Plan"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Array Technologies (ARRY) report for Emily Rachel Cohen?
Array Technologies reported that director Emily Rachel Cohen received a grant of 22,641 restricted stock units. These RSUs are part of her equity compensation and give her the right to receive common shares upon vesting under the company’s 2020 Long-Term Incentive Plan.
How many RSUs did Emily Rachel Cohen receive from Array Technologies (ARRY)?
Emily Rachel Cohen was granted 22,641 restricted stock units. Each RSU corresponds to one share of Array Technologies common stock, subject to vesting conditions. This award represents her reported derivative holdings from this particular grant after the transaction.
When do Emily Rachel Cohen’s RSUs at Array Technologies (ARRY) vest?
The 22,641 restricted stock units granted to Emily Rachel Cohen vest on May 18, 2027. Once vested, each RSU converts into one share of Array Technologies common stock, assuming all plan and service conditions are satisfied at that vesting date.
Is Emily Rachel Cohen’s Array Technologies (ARRY) RSU grant an open-market purchase?
No, the RSU grant is not an open-market purchase. It is a compensation-related award granted at no cash cost under Array Technologies’ 2020 Long-Term Incentive Plan, classified as a grant, award, or other acquisition rather than a market buy transaction.
What type of security did Emily Rachel Cohen acquire from Array Technologies (ARRY)?
She acquired restricted stock units, a form of derivative security that converts into common stock upon vesting. Each of the 22,641 RSUs represents the right to receive one share of Array Technologies common stock if vesting conditions are met.