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Array (NASDAQ: ARRY) director adds shares with 22,164 RSU vesting and new grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Jokinen Tracy C reported acquisition or exercise transactions in this Form 4 filing.

Array Technologies director Tracy C. Jokinen increased her equity stake through stock awards. On May 19, 2026, 22,164 restricted stock units granted on May 20, 2025 vested and were settled into 22,164 shares of common stock.

On the same date, Jokinen received a new grant of 22,641 restricted stock units under Array’s 2020 Long-Term Incentive Plan, which vest on May 18, 2027. After these transactions, she directly holds 44,516 shares of common stock and 22,641 restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Jokinen Tracy C
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 22,164 $0.00 --
Grant/Award Restricted Stock Units 22,641 $0.00 --
Exercise Common Stock, par value $0.001 per share 22,164 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.001 per share — 44,516 shares (Direct, null)
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. On May 20, 2025, the reporting person was granted 22,164 restricted stock units that vested on May 19, 2026. On May 19, 2026, the reporting person was granted 22,641 restricted stock units, which vest on May 18, 2027.
RSUs vested into shares 22,164 shares Restricted stock units vested on May 19, 2026
New RSU grant 22,641 RSUs Granted on May 19, 2026, vesting May 18, 2027
Shares held after transactions 44,516 shares Direct common stock holdings following Form 4 transactions
RSUs outstanding after grant 22,641 RSUs Restricted stock units remaining after reported transactions
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"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Jokinen Tracy C
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.001 per share05/19/2026M22,164A$044,516D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)05/19/2026M22,164 (2) (2)Common Stock, par value $0.001 per share22,164$00D
Restricted Stock Units(1)05/19/2026A22,641 (3) (3)Common Stock, par value $0.001 per share22,641$022,641D
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. On May 20, 2025, the reporting person was granted 22,164 restricted stock units that vested on May 19, 2026.
3. On May 19, 2026, the reporting person was granted 22,641 restricted stock units, which vest on May 18, 2027.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Ashton Wiebe as Attorney-in-Fact05/21/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Array Technologies (ARRY) director Tracy Jokinen report in this Form 4?

Tracy Jokinen reported the vesting of 22,164 restricted stock units into common shares and a new grant of 22,641 restricted stock units. Both transactions are equity awards under Array Technologies’ long-term incentive plan rather than open-market stock purchases or sales.

How many Array Technologies (ARRY) shares did Tracy Jokinen acquire from vesting?

Jokinen acquired 22,164 shares of Array Technologies common stock when previously granted restricted stock units vested on May 19, 2026. Each unit converted into one share, increasing her direct shareholdings without an open-market purchase transaction involved in this Form 4.

What new equity award did Tracy Jokinen receive from Array Technologies (ARRY)?

On May 19, 2026, Jokinen received a grant of 22,641 restricted stock units from Array Technologies. According to the filing, these units vest on May 18, 2027, and each unit represents the right to receive one share of common stock upon vesting.

What are Tracy Jokinen’s holdings in Array Technologies (ARRY) after these transactions?

After the reported transactions, Jokinen directly holds 44,516 shares of Array Technologies common stock and 22,641 restricted stock units. The restricted stock units give her the right to receive the same number of shares when they vest in May 2027.

Were there any open-market buys or sells by Tracy Jokinen in this Array Technologies (ARRY) Form 4?

No open-market purchases or sales were reported. The Form 4 only shows equity compensation activity: conversion of vested restricted stock units into 22,164 common shares and a new grant of 22,641 restricted stock units under the company’s long-term incentive plan.