Hostetler Kevin G. 4
4 · Array Technologies, Inc. · Filed Apr 22, 2025
Insider Transaction Report
Form 4
Hostetler Kevin G.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2025-04-18+35,795→ 201,400 total - Exercise/Conversion
Restricted Stock Units
2025-04-18−35,795→ 0 total→ Common Stock, par value $0.001 per share (35,795 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2025-04-18$4.18/sh−14,981$62,621→ 186,419 total
Footnotes (5)
- [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 April 21, 2025.
- [F3]Represents restricted stock units granted on April 18, 2022.
- [F4]Each restricted stock unit award vests in three equal annual installments, beginning on the first anniversary of the grant date.
- [F5]Does not include 1,179,906 unvested restricted stock units held by the Reporting Person in connection with grants made on separate dates.