Alstead Troy 4

What Happened

• Troy Alstead, a director of Array Technologies (ARRY), had 22,164 restricted stock units (RSUs) vest on May 19, 2026 and those RSUs were converted into common shares (reported as an exercise/conversion of a derivative, code M). The filing shows the conversion at $0.00 per share (no cash paid). On the same date he was also granted 22,641 new RSUs that will vest on May 18, 2027 (reported as an award/grant, code A).
• These transactions are compensation-related (awards and vesting), not open-market purchases or sales.

Key Details

• Transaction dates: May 19, 2026 (vest/conversion and new grant). Form 4 filed May 21, 2026.
• Converted/vested: 22,164 RSUs converted to shares (price reported $0.00). New grant: 22,641 RSUs (price $0.00) vesting May 18, 2027.
• Footnotes: F2 confirms the 22,164 RSUs were granted on May 20, 2025 and vested May 19, 2026. F1 defines each RSU = right to one share upon vesting. F3 documents the new 22,641-RSU grant and vest date.
• Shares owned after the transaction: not specified in the supplied data.
• Timeliness: Report covers transactions on 2026-05-19 and was filed on 2026-05-21 (within the typical two-business-day Form 4 window). Exhibit 24 (Power of Attorney) is attached.

Context

• These entries reflect RSU vesting and a new RSU award (compensation), not an open-market buy or sale; the reported $0.00 price indicates no cash purchase by the insider.
• The "exercise/conversion" and "disposed" derivative line in the filing relate to converting RSUs into underlying shares rather than a sale of shares for proceeds.