Tyson Hottinger - Sep 1, 2023 Form 4 Insider Report for Array Technologies, Inc. (ARRY)

Role
Chief Legal Officer
Signature
/s/ Tyson K. Hottinger
Stock symbol
ARRY
Transactions as of
Sep 1, 2023
Transactions value $
-$187,825
Form type
4
Date filed
9/5/2023, 05:46 PM
Previous filing
Aug 15, 2023
Next filing
Mar 21, 2024

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 -$126K -5K -6.48% $25.12 72.1K Sep 1, 2023 Direct F1
transaction ARRY Common Stock, par value $0.001 per share Sale -$62.2K -2.5K -3.47% $24.89 69.6K Sep 1, 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).

Explanation of Responses:

Id Content
F1 Represents shares of common stock sold pursuant to a written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).