STOCK TITAN
  1. Home
  2. Sec-filings
  3. ARRY
  4. [Form 4] Array Technologies, Inc. Insider Trading Activity

Array Technologies (NASDAQ: ARRY) director exercises RSUs and receives new stock unit grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Alstead Troy reported acquisition or exercise transactions in this Form 4 filing.

Array Technologies director Troy Alstead reported routine equity compensation activity. On May 19, 2026, 22,164 restricted stock units granted on May 20, 2025 vested and were settled into 22,164 shares of common stock. The filing also shows a new grant of 22,641 restricted stock units on May 19, 2026, scheduled to vest on May 18, 2027. After these transactions, Alstead directly holds 74,333 shares of common stock and 22,641 restricted stock units under the company’s 2020 Long-Term Incentive Plan.

Positive

  • None.

Negative

  • None.
Insider Alstead Troy
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 22,164 $0.00 --
Grant/Award Restricted Stock Units 22,641 $0.00 --
Exercise Common Stock, par value $0.001 per share 22,164 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock, par value $0.001 per share — 74,333 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 20, 2025, the reporting person was granted 22,164 restricted stock units that vested on May 19, 2026. On May 19, 2026, the reporting person was granted 22,641 restricted stock units, which vest on May 18, 2027.
RSUs vested and settled 22,164 units/shares RSUs granted on May 20, 2025; vested May 19, 2026
New RSU grant 22,641 units Granted May 19, 2026; vesting on May 18, 2027
Common shares held after transactions 74,333 shares Direct ownership after May 19, 2026 equity events
Restricted stock units held after transactions 22,641 units Direct RSU holdings following new May 19, 2026 grant
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"
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Form 4 Insider Transactions: What Each Field Means →
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*
Alstead Troy
(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
Common Stock, par value $0.001 per share05/19/2026M22,164A$074,333D
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)05/19/2026M22,164 (2) (2)Common Stock, par value $0.001 per share22,164$00D
Restricted Stock Units(1)05/19/2026A22,641 (3) (3)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 20, 2025, the reporting person was granted 22,164 restricted stock units that vested on May 19, 2026.
3. On May 19, 2026, the reporting person was granted 22,641 restricted stock units, which vest on May 18, 2027.
Remarks:
Exhibit 24 - Power of Attorney
/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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Array Technologies (ARRY) director Troy Alstead report?

Troy Alstead reported routine equity compensation activity. 22,164 restricted stock units vested into common shares, and he received a new grant of 22,641 restricted stock units under Array Technologies’ 2020 Long-Term Incentive Plan, all on May 19, 2026.

Did Troy Alstead buy or sell Array Technologies (ARRY) shares in the market?

The filing does not show any open-market purchases or sales. It reflects equity compensation events: vesting and settlement of 22,164 restricted stock units into common stock and a new grant of 22,641 restricted stock units to the director.

How many Array Technologies (ARRY) shares does Troy Alstead own after these transactions?

After these transactions, Troy Alstead directly holds 74,333 shares of Array Technologies common stock. In addition, he holds 22,641 restricted stock units, which represent a right to receive an equal number of common shares upon future vesting.

What new restricted stock unit grant did Troy Alstead receive from Array Technologies (ARRY)?

On May 19, 2026, Troy Alstead received a grant of 22,641 restricted stock units. According to the footnotes, these units vest on May 18, 2027 and each unit represents the right to receive one share of common stock upon vesting.

What happened to Troy Alstead’s earlier Array Technologies (ARRY) restricted stock units?

Restricted stock units granted to Troy Alstead on May 20, 2025 fully vested on May 19, 2026. The Form 4 shows 22,164 of these units converting into an equal number of common shares, increasing his directly held stock position in Array Technologies.

Under which plan were Troy Alstead’s Array Technologies (ARRY) awards made?

The footnotes state that each restricted stock unit represents the right to receive one Array Technologies common share in accordance with the company’s 2020 Long-Term Incentive Plan, which governs the vesting and settlement of these equity awards for the director.