Array Technologies (NASDAQ: ARRY) HR chief settles RSUs and tax withholdings

Rhea-AI Filing Summary

Array Technologies, Inc. Chief Human Resources Officer Terrance L. Collins reported routine equity compensation activity involving restricted stock units. On March 17 and 18, 2026, he settled RSUs into a total of 26,543 shares of common stock at no exercise price under the company’s 2020 Long-Term Incentive Plan.

To cover tax withholding obligations tied to these vestings, the issuer withheld 7,260 shares of common stock, valued using the closing prices of $6.99 and $6.86 on the respective dates. After these transactions, Collins directly owned 63,518 shares of common stock and continued to hold 99,533 unvested RSUs from separate grants. The filing reflects compensation vesting and tax withholding rather than open-market buying or selling.

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

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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 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 Human Resources Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

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	03/17/2026		M		6,152	A	(1)	50,387	D
Common Stock, par value $0.001 per share	03/17/2026		F		1,683(2)	D	$6.99	48,704	D
Common Stock, par value $0.001 per share	03/18/2026		M		20,391	A	(1)	69,095	D
Common Stock, par value $0.001 per share	03/18/2026		F		5,577(3)	D	$6.86	63,518	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)	03/17/2026		M			6,152	(4)	(4)	Common Stock, par value $0.001 per share	6,152	$0	0	D
Restricted Stock Units	(1)	03/18/2026		M			20,391	(5)	(5)	Common Stock, par value $0.001 per share	20,391	$0	40,783(6)	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 17, 2026.

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 March 18, 2026.

4. On March 17, 2023, the reporting person was granted 18,453 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date.

5. On March 18, 2025, the reporting person was granted 61,174 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date.

6. Does not include 99,533 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 insider transactions did Array Technologies (ARRY) report for Terrance Collins?

Terrance Collins settled restricted stock units into common shares. On March 17 and 18, 2026, RSU vestings delivered 26,543 shares of Array Technologies common stock, reflecting routine equity compensation under the company’s 2020 Long-Term Incentive Plan rather than open-market share purchases.

How many Array Technologies (ARRY) shares were withheld for taxes in this Form 4?

A total of 7,260 shares were withheld for taxes. The issuer withheld 1,683 shares on March 17, 2026, at $6.99 and 5,577 shares on March 18, 2026, at $6.86 to satisfy RSU-related tax obligations.

What are Terrance Collins’ holdings after the reported ARRY transactions?

After the transactions, Collins directly held 63,518 common shares. In addition to these directly owned shares, he also retained 99,533 unvested restricted stock units from prior grants, providing further potential future equity upon vesting under plan terms.

Were the Array Technologies (ARRY) Form 4 transactions open-market buys or sells?

The transactions were RSU vestings and tax withholdings, not market trades. Shares were issued at no exercise price from restricted stock units, and some were withheld by the issuer solely to cover tax liabilities tied to those equity awards.

What RSU grants to Terrance Collins are referenced for Array Technologies (ARRY)?

The filing references RSU grants from March 17, 2023 and March 18, 2025. These grants were for 18,453 and 61,174 units, respectively, each vesting in three equal annual installments beginning on the first anniversary of the grant date.