Hostetler Kevin G. 4
4 · Array Technologies, Inc. · Filed Mar 19, 2025
Insider Transaction Report
Form 4
Hostetler Kevin G.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-17−35,149→ 840,498 total→ Common Stock, par value $0.001 per share (35,149 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2025-03-17$6.10/sh−14,710$89,731→ 165,605 total - Award
Restricted Stock Units
2025-03-18+334,420→ 875,647 total→ Common Stock, par value $0.001 per share (334,420 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2025-03-17+35,149→ 180,315 total
Footnotes (3)
- [F1]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.
- [F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units. The number of shares withheld is based on the closing price of the Issuer's common stock on March 17, 2025.
- [F3]Each restricted stock unit award vests in three equal annual installments, beginning on the first anniversary of the grant date.