secwatch.observer — SEC 8-K summary
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Issuer:     Array Technologies, Inc. (ARRY)
CIK:        0001820721
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001193125-24-147322
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Array adopts deferred comp plan for VPs+; annual meeting elects directors, ratifies auditor
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- New non-qualified plan allows VP+ employees to defer up to 50% of salary and 100% of cash incentive; company match for 401(k) excess over $345,000 comp limit.
- Plan effective June 1, 2024; company contributions vest 100% on second anniversary.
- Annual meeting: stockholders elected Troy Alstead, Orlando Ashford, Bilal Khan as directors for 3-year terms.
- Ratified Deloitte & Touche as independent auditor for FY2024 with 129.1M votes for, 0.3M against.
- Advisory say-on-pay approved with 107.6M for, 11.5M against, 10.1M broker non-votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820721/000119312524147322/0001193125-24-147322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820721/000119312524147322/d844337d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-147322

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