---
schema_version: "secwatch.filing_event.v1"
accession: "0001820721-22-000100"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T08:17:34.817038+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Array Technologies modifies 2022 Leadership Incentive Plan metrics

## Summary
- EBITDA weight reduced from 60% to 50% of corporate performance portion.
- STI Operations removed from EBITDA and cash conversion cycle measurements.
- New "STI Integration Success" category added, weighted at 10% of LIP.
- STI Integration Success measured 40% on financial targets and 60% on integration effectiveness.
- Remaining 10% of LIP based on individual Section 16 officer performance.

## SEC filing metadata
- accession: 0001820721-22-000100
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2022-07-27T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000182072122000100/0001820721-22-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000182072122000100/arry-20220721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820721-22-000100
- JSON: https://secwatch.observer/filing/0001820721-22-000100.json
- Plain text: https://secwatch.observer/filing/0001820721-22-000100.txt

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