Array Technologies (ARRY) CFO vests 40,782 RSUs, 11,614 shares withheld for tax

Rhea-AI Filing Summary

Array Technologies, Inc. Chief Financial Officer Jennings H. Keith reported the vesting and settlement of restricted stock units tied to the company’s 2020 Long-Term Incentive Plan. On March 18, 2026, 40,782 restricted stock units were converted into an equal number of common shares at no exercise price.

To cover tax withholding obligations on this vesting event, 11,614 common shares were withheld by the company at a price of $6.86 per share, rather than sold in the open market. After these transactions, Keith directly holds 29,168 shares of common stock and 81,567 unvested restricted stock units from this award, with an additional 157,337 unvested restricted stock units from other grants.

Insider Trade Summary

40,782 shares exercised/converted

Mixed 3 txns

Insider Jennings H. Keith

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	40,782	$0.00	--
Exercise	Common Stock, par value $0.001 per share	40,782	$0.00	--
Tax Withholding	Common Stock, par value $0.001 per share	11,614	$6.86	$80K

Holdings After Transaction: Restricted Stock Units — 81,567 shares (Direct); Common Stock, par value $0.001 per share — 40,782 shares (Direct)

Footnotes (1)

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. 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. On March 18, 2025, the reporting person was granted 122,349 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date. Does not include 157,337 unvested restricted stock units held by the reporting person in connection with grants made on separate dates.

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Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Jennings H. Keith

(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)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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	03/18/2026		M		40,782	A	(1)	40,782	D
Common Stock, par value $0.001 per share	03/18/2026		F		11,614(2)	D	$6.86	29,168	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)	03/18/2026		M			40,782	(3)	(3)	Common Stock, par value $0.001 per share	40,782	$0	81,567(4)	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 18, 2026.

3. On March 18, 2025, the reporting person was granted 122,349 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date.

4. Does not include 157,337 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 did Array Technologies (ARRY) CFO report in this Form 4?

Array Technologies CFO Jennings H. Keith reported a vesting of restricted stock units that converted into common shares under the company’s 2020 Long-Term Incentive Plan. The filing also details shares withheld to satisfy tax obligations and updated post-transaction stock and restricted stock unit holdings.

How many Array Technologies RSUs vested for the CFO on March 18, 2026?

On March 18, 2026, 40,782 restricted stock units vested for Array Technologies CFO Jennings H. Keith, converting into the same number of common shares. These RSUs stem from a grant originally awarded on March 18, 2025 and vest in three equal annual installments under the company’s incentive plan.

How many ARRY shares were withheld for taxes and at what price?

To satisfy tax withholding obligations, 11,614 Array Technologies common shares were withheld in connection with the RSU vesting. The number of shares withheld was calculated using the closing price of $6.86 per share on March 18, 2026, rather than through an open-market sale transaction.

How many Array Technologies shares does the CFO hold after these transactions?

Following the reported transactions, CFO Jennings H. Keith directly holds 29,168 shares of Array Technologies common stock. He also holds 81,567 unvested restricted stock units from the reported award, plus an additional 157,337 unvested restricted stock units tied to separate grants made on different dates.

Were the ARRY shares in this Form 4 sold on the open market?

The filing shows shares were withheld by Array Technologies to cover tax obligations, not sold in the open market. Code F indicates a tax-withholding disposition, meaning the company retained 11,614 shares at $6.86 per share instead of executing a discretionary market sale.

What prior RSU grant is related to this Array Technologies Form 4?

The vesting event relates to a March 18, 2025 grant of 122,349 restricted stock units to CFO Jennings H. Keith. These units vest in three equal annual installments beginning on the first anniversary of the grant date, and 81,567 restricted stock units from this award remain unvested after the reported vesting.