Jennings H. Keith 4

What Happened
Jennings H. Keith, Chief Financial Officer of Array Technologies, was granted 82,599 restricted stock units (RSUs) on March 12, 2026. The award was granted at $0.00 (no cash paid) and is a derivative award that converts to common shares upon vesting.

Key Details

• Transaction date: 2026-03-12; SEC filing date: 2026-03-16 (filed on the required deadline).
• Award: 82,599 RSUs granted (derivative award, grant price $0.00).
• Vesting: Three equal annual installments beginning on the first anniversary of the grant (≈27,533 RSUs vesting each year). (Footnote F2)
• Each RSU equals the right to receive one share upon vesting under the 2020 Long-Term Incentive Plan. (Footnote F1)
• The filing notes the reporting person also holds 197,087 unvested RSUs from prior grants (not included in the 82,599). (Footnote F3)
• Filing includes Exhibit 24 (Power of Attorney).

Context
This is a compensation grant (award), not an open-market purchase or sale. RSU grants are common executive compensation and only convert to actual shares (and potential taxable events) as they vest. The filing appears timely (filed within the Form 4 reporting window).