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[Form 4] Array Technologies, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Insider Collins Terrance L
Role Chief Human Resources Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 5,082 $0.00 --
Exercise Common Stock, par value $0.001 per share 5,082 $0.00 --
Tax Withholding Common Stock, par value $0.001 per share 1,390 $6.06 $8K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock, par value $0.001 per share — 38,659 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. Includes 1,283 shares acquired under the issuer's 2021 Employee Stock Purchase Plan ("ESPP"), which acquisitions are exempt from Section 16. All ESPP information reported herein is based on a plan statement dated as of June 30, 2025. 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 August 1, 2025. Represents restricted stock units granted on August 1, 2022. Each restricted stock unit award vests in three equal annual installments, beginning of the first anniversary of the grant date. Does not include 134,188 unvested restricted stock units held by the Reporting Person in connection with grants made on separate dates.
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*
Collins Terrance L
(Last) (First) (Middle)
3901 MIDWAY PLACE NE
(Street)
ALBUQUERQUE NM 87109
(City) (State) (Zip)
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 Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/01/2025 M(1) 5,082 A $0 38,659(2) D
Common Stock, par value $0.001 per share 08/01/2025 F 1,390(3) D $6.06 37,269 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(4) (1) 08/01/2025 M 5,082 (5) (5) Common Stock, par value $0.001 per share 5,082 $0 0 D(4)(6)
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. Includes 1,283 shares acquired under the issuer's 2021 Employee Stock Purchase Plan ("ESPP"), which acquisitions are exempt from Section 16. All ESPP information reported herein is based on a plan statement dated as of June 30, 2025.
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 August 1, 2025.
4. Represents restricted stock units granted on August 1, 2022.
5. Each restricted stock unit award vests in three equal annual installments, beginning of the first anniversary of the grant date.
6. Does not include 134,188 unvested restricted stock units held by the Reporting Person in connection with grants made on separate dates.
Remarks:
/s/ Christopher Fox as Attorney-in-Fact 08/05/2025
** 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.

Source: View Original Filing on SEC EDGAR