Array Technologies (NASDAQ: ARRY) COO nets shares from RSU vesting

Rhea-AI Filing Summary

Array Technologies, Inc. President & COO Neil Manning reported routine equity compensation activity. On March 17 and 18, 2026, he exercised restricted stock units into a total of 25,273 shares of common stock at no exercise price under the company’s 2020 Long-Term Incentive Plan.

To cover tax withholding obligations on these vestings, the issuer withheld a total of 6,786 shares based on the closing stock prices of $6.99 on March 17 and $6.86 on March 18. After these transactions, Manning directly holds 53,925 shares of common stock and an additional 108,571 unvested restricted stock units from separate grants that continue to vest over time.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Manning Neil

(Last) (First) (Middle)

3901 MIDWAY PLACE NE

(Street)

ALBUQUERQUE NEW MEXICO 87109

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Array Technologies, Inc. [ ARRY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & COO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	03/17/2026		M		4,882	A	(1)	40,320	D
Common Stock, par value $0.001 per share	03/17/2026		F		1,311(2)	D	$6.99	39,009	D
Common Stock, par value $0.001 per share	03/18/2026		M		20,391	A	(1)	59,400	D
Common Stock, par value $0.001 per share	03/18/2026		F		5,475(3)	D	$6.86	53,925	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/17/2026		M			4,882	(4)	(4)	Common Stock, par value $0.001 per share	4,882	$0	0	D
Restricted Stock Units	(1)	03/18/2026		M			20,391	(5)	(5)	Common Stock, par value $0.001 per share	20,391	$0	40,783(6)	D

Explanation of Responses:

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.

2. 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, 2026.

3. 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 18, 2026.

4. On March 17, 2023, the reporting person was granted 14,645 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date.

5. On March 18, 2025, the reporting person was granted 61,174 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date.

6. Does not include 108,571 unvested restricted stock units held by the Reporting Person in connection with grants made on separate dates.

Remarks:

	/s/ Ashton Wiebe as Attorney-in-Fact	03/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Array Technologies (ARRY) report for Neil Manning?

Neil Manning exercised restricted stock units into 25,273 shares of common stock. The transactions on March 17 and 18, 2026 reflect routine equity compensation vesting under the 2020 Long-Term Incentive Plan, rather than open-market buying or selling activity.

How many Array Technologies (ARRY) shares were withheld for Neil Manning’s taxes?

A total of 6,786 shares were withheld to cover tax obligations. The issuer withheld 1,311 shares on March 17, 2026 at $6.99 and 5,475 shares on March 18, 2026 at $6.86, based on those days’ closing stock prices.

What are Neil Manning’s direct share holdings in Array Technologies (ARRY) after these Form 4 transactions?

After the reported transactions, Neil Manning directly holds 53,925 common shares. This reflects net shares remaining following the vesting of restricted stock units and the withholding of 6,786 shares to satisfy associated tax liabilities on March 17 and 18, 2026.

Does Neil Manning still hold unvested restricted stock units in Array Technologies (ARRY)?

Yes, he continues to hold 108,571 unvested restricted stock units. These RSUs relate to prior grants made on separate dates and will vest over time according to their original schedules under Array Technologies’ 2020 Long-Term Incentive Plan.

Were Neil Manning’s Array Technologies (ARRY) transactions open-market purchases or sales?

No, the transactions reflect RSU vesting and tax withholding, not market trades. Code M entries show derivative exercises of restricted stock units, and code F entries show shares withheld by the issuer to pay tax obligations tied to those vestings.

Which prior RSU grants for Array Technologies (ARRY) are referenced in Neil Manning’s Form 4?

The filing references RSU grants from March 17, 2023 and March 18, 2025. These grants were for 14,645 and 61,174 restricted stock units, respectively, each vesting in three equal annual installments beginning on the first anniversary of the grant date.