Jokinen Tracy C 4

What Happened

• Tracy C. Jokinen, a director of Array Technologies (ARRY), had 22,164 restricted stock units (RSUs) vest and be converted into common shares on May 19, 2026 (reported as an exercise/conversion, code M, $0.00 per share). The filing also reports a new grant of 22,641 RSUs on May 19, 2026 that vest on May 18, 2027. No cash was paid (price reported $0.00); these are compensation awards/vests rather than open‑market purchases or sales.

Key Details

• Transaction dates: 2026-05-19 (vest/conversion of 22,164 RSUs and grant of 22,641 RSUs). Filing date: 2026-05-21 (timely within the Form 4 reporting window).
• Prices: $0.00 per share for the conversion/award (typical for RSU vesting/grants).
• Shares involved: 22,164 RSUs vested/converted; 22,641 RSUs newly granted (vest 5/18/2027).
• Footnotes: F1 — each RSU converts to one common share on vesting; F2 — the vested 22,164 RSUs were originally granted 5/20/2025 and vested 5/19/2026; F3 — the 22,641 RSUs were granted 5/19/2026 and vest 5/18/2027.
• Shares owned after the transactions: not specified in the Form 4.
• Exhibit filed: Exhibit 24 (Power of Attorney).

Context

• RSU vesting and grants are compensation events; conversion at $0 reported here reflects award vesting, not a purchase with cash. There were no open‑market sales reported in this filing, so these transactions do not represent insider selling.
• Such awards are common for executives/directors as part of long‑term incentive plans and do not, by themselves, indicate a buy/sell signal. The filing does not indicate 10% owner status or a 10b5‑1 plan.