Nipul M. Patel - Aug 14, 2023 Form 4 Insider Report for Array Technologies, Inc. (ARRY)

Signature
/s/ Tyson Hottinger, as Attorney-in-Fact
Stock symbol
ARRY
Transactions as of
Aug 14, 2023
Transactions value $
-$1,262,190
Form type
4
Date filed
8/15/2023, 07:16 PM
Previous filing
Mar 21, 2023
Next filing
Nov 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARRY Common Stock, par value $0.001 per share Sale -$1.26M -54.6K -39.73% $23.12 82.8K Aug 14, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).