Array Technologies (NASDAQ: ARRY) grants 22,641 RSUs to director Carolyne Murff
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murff Carolyne reported acquisition or exercise transactions in this Form 4 filing.
Array Technologies, Inc. director Carolyne Murff received a new equity award in the form of restricted stock units (RSUs). She was granted 22,641 RSUs, each representing one share of Array’s common stock upon vesting under the company’s 2020 Long-Term Incentive Plan. These RSUs vest on May 18, 2027, and following this grant she holds 22,641 RSUs directly. This is a compensation-related award, not an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murff Carolyne
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 units
Underlying common shares: 22,641 shares
Grant price per RSU: $0.00 per unit
+2 more
5 metrics
RSUs granted
22,641 units
Restricted stock units granted to director on May 19, 2026
Underlying common shares
22,641 shares
Each RSU represents one share of common stock
Grant price per RSU
$0.00 per unit
Compensation-related award, not a market purchase
Vesting date
May 18, 2027
Scheduled vesting date for the RSU award
RSUs held after grant
22,641 units
Total restricted stock units directly held following transaction
Key Terms
Restricted Stock Units, 2020 Long-Term Incentive Plan, Common Stock, par value $0.001 per share, Grant, award, or other acquisition
4 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 did Array Technologies (ARRY) disclose about director Carolyne Murff in this Form 4?
Array Technologies reported that director Carolyne Murff received a grant of 22,641 restricted stock units as equity compensation. Each unit represents one future share of common stock, vesting on May 18, 2027, under the company’s 2020 Long-Term Incentive Plan.
How many restricted stock units did Carolyne Murff receive from Array Technologies (ARRY)?
Carolyne Murff was granted 22,641 restricted stock units by Array Technologies. These RSUs are a form of stock-based compensation and convert into the same number of common shares when they vest, assuming she remains eligible under the plan’s terms.
When do Carolyne Murff’s Array Technologies (ARRY) RSUs vest?
The 22,641 restricted stock units granted to Carolyne Murff vest on May 18, 2027. At vesting, each RSU entitles her to receive one share of Array Technologies common stock, subject to the conditions of the 2020 Long-Term Incentive Plan.
Is Carolyne Murff’s Array Technologies (ARRY) RSU grant an open-market stock purchase?
No, the RSU grant is not an open-market purchase. It is a compensation-related award with a reported grant price of $0.00 per unit, delivering shares upon vesting rather than through buying shares in the market.
How many Array Technologies (ARRY) RSUs does Carolyne Murff hold after this grant?
After the reported transaction, Carolyne Murff holds 22,641 restricted stock units directly. This figure matches the new grant amount, indicating the reported position consists of this single RSU award under the long-term incentive plan.