Jennings H. Keith 4
4 · Array Technologies, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Array (ARRY) CFO Jennings H. Keith Receives RSU Award
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).
Insider Transaction Report
Form 4
Jennings H. Keith
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-12+82,599→ 82,599 total→ Common Stock, par value $0.001 per share (82,599 underlying)
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]On March 12, 2026, the reporting person was granted 82,599 restricted stock units, vesting in three equal annual installments, beginning on the first anniversary of the grant date.
- [F3]Does not include 197,087 unvested restricted stock units held by the reporting person in connection with grants made on separate dates.
Signature
/s/ Ashton Wiebe as Attorney-in-Fact|2026-03-16