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Array Technologies (NASDAQ: ARRY) grants 22,641 RSUs to director Carolyne Murff

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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"
Common Stock, par value $0.001 per share financial
"underlying security title: Common Stock, par value $0.001 per share"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Murff Carolyne

(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
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)05/19/2026A22,641 (2) (2)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 19, 2026, the reporting person was granted 22,641 restricted stock units, which vest on May 18, 2027.
Remarks:
/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)

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.