STOCK TITAN

First Trust group reports 6.76% Array Technologies, Inc. (ARRY) stake

(Moderate)
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Array Technologies, Inc. has a significant institutional holder group consisting of First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation, which jointly report beneficial ownership of 10,402,354 common shares, representing 6.76% of the class. They report no sole voting or dispositive power, with 10,022,933 shares subject to shared voting power and 10,402,354 shares subject to shared dispositive power. The stake is largely held through unit investment trusts and other investment vehicles for which First Trust entities act as sponsor or advisor, and all three reporting persons expressly disclaim beneficial ownership of the shares.

Positive

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Negative

  • None.
Beneficial ownership 10,402,354 shares Common shares of Array Technologies, Inc. reported as beneficially owned by the First Trust group
Percent of class 6.76% Portion of Array Technologies common stock class attributed to the reporting persons
Shared voting power 10,022,933 shares Shares for which the reporting persons have shared power to vote or direct the vote
Shared dispositive power 10,402,354 shares Shares for which the reporting persons have shared power to dispose or direct the disposition
Sole voting power 0 shares Shares for which the reporting persons have sole power to vote
Sole dispositive power 0 shares Shares for which the reporting persons have sole dispositive power
Single UIT issuer limit 3% No individual unit investment trust holds more than 3% of any registered investment company issuer's shares
beneficial ownership financial
"Amount beneficially owned: 10,402,354"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
shared voting power financial
"Shared power to vote or to direct the vote: 10,022,933"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
dispositive power financial
"Shared power to dispose or to direct the disposition of: 10,402,354"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
unit investment trusts financial
"First Trust Portfolios L.P. acts as sponsor of certain unit investment trusts"
A unit investment trust (UIT) is a pooled investment that sells investors fixed “units” representing a pre-selected, unchanging bundle of stocks, bonds or other securities held for a set period. Think of it like buying a pre-packed grocery basket that won’t be rearranged — you know exactly what you own and roughly when it will end. UITs matter to investors because they offer predictable holdings and income patterns, lower active management, and clear tax and fee implications compared with regularly traded funds.
Investment Company Act of 1940 regulatory
"investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
Rule 13d-1(k)(1) regulatory
"jointly filed by The Charger Corporation, First Trust Portfolios L.P. and First Trust Advisors L.P. pursuant to Rule 13d-1(k)(1)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What percentage of Array Technologies, Inc. (ARRY) shares is reported owned by First Trust?

First Trust entities report beneficial ownership of 10,402,354 Array Technologies shares, representing 6.76% of the common stock class. This reflects holdings across unit investment trusts and other investment vehicles they manage or sponsor.

How many Array Technologies (ARRY) shares do the reporting First Trust entities control for voting?

The reporting entities show 0 shares with sole voting power and 10,022,933 shares with shared voting power. Voting for unit investment trust holdings is carried out by the trustee based on outside shareholder voting patterns.

How many Array Technologies (ARRY) shares can First Trust dispose of under this Schedule 13G?

The group reports 0 shares with sole dispositive power and 10,402,354 shares with shared dispositive power. These shares are held through unit investment trusts, registered funds, pooled vehicles, and separately managed accounts.

Do the First Trust entities claim full beneficial ownership of their ARRY position?

No. First Trust Portfolios L.P., First Trust Advisors L.P. and The Charger Corporation each disclaim beneficial ownership of the Array Technologies shares identified, despite reporting them as beneficially owned for Schedule 13G purposes.

How are Array Technologies (ARRY) shares held within First Trust unit investment trusts voted?

Shares held by First Trust unit investment trusts are voted by the trustee so that they are ordinarily voted in substantially the same manner and proportion as shares held by other shareholders, subject to certain Investment Company Act rules.

Does any single First Trust unit investment trust hold more than 3% of ARRY or any issuer?

The filing states that no individual unit investment trust sponsored by First Trust Portfolios L.P. holds more than 3% of any registered investment company issuer's shares. Holdings are spread across multiple trusts and vehicles.





04271T100

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G





SCHEDULE 13G



First Trust Portfolios L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:07/30/2026
First Trust Advisors L.P.
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer
Date:07/30/2026
The Charger Corporation
Signature:/s/ James M. Dykas
Name/Title:James M. Dykas, Chief Financial Officer and Treasurer
Date:07/30/2026
Exhibit Information

Please see Exhibit 99.1 for Joint Filing Agreement