---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-229064"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:50:28.216163+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Array Tech approves supplemental leadership incentive plan with PSUs and RSUs for executives

## Summary
- PSUs awarded to CEO Hostetler, Manning, Hottinger, Collins, Zhu and other senior executives under 2021 LTIP.
- PSU vesting range 0%-95% of target based on cash, gross margin, and sales targets for H2 2024.
- Supplemental RSUs vest 66.7% on 2nd anniversary, 33.3% on 3rd anniversary, subject to employment.
- Committee approved both awards on Sept 24, 2024, to motivate long-term corporate goals and retention.

## SEC filing metadata
- accession: 0001193125-24-229064
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000119312524229064/0001193125-24-229064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000119312524229064/d876392d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-229064
- JSON: https://secwatch.observer/filing/0001193125-24-229064.json
- Plain text: https://secwatch.observer/filing/0001193125-24-229064.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.