Array Technologies executive receives 38,976 shares
The award's vesting schedule assigns 66% to its second anniversary and 34% to its third.
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Rhea-AI Filing Summary
Array Technologies, Inc. President & COO Neil Manning reported that 38,976 restricted stock units vested and settled for 38,976 common shares on September 24, 2026. The issuer withheld 10,466 shares to satisfy tax withholding obligations; the transaction lists a price of $3.93 per share, based on the closing price that day. The derivative position showed 20,079 RSUs following the transaction, excluding 90,299 unvested RSUs from separate grants. The award was granted on September 24, 2024, with 66% vesting on its second anniversary and 34% on its third.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 38,976 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 per share F1 | 38,976 | -- | -- |
| Tax Withholding | Common Stock, par value $0.001 per share F2 | 10,466 | $3.93 | $41K |
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 59,055 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 90,299 unvested restricted stock units held by the reporting person in connection with grants made on separate dates.
Key Figures
Key Terms
restricted stock units financial
Amended and Restated 2020 Long-Term Incentive Plan financial
tax withholding obligations financial
FAQ
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What was the vesting schedule for Neil Manning's ARRY restricted stock units?
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