leadership
confidence high
sentiment neutral
materiality 0.50
Array Technologies adopts supplemental incentive plan capping total payouts at 95% of LIP target
Array Technologies, Inc.
- Supplemental Plan covers July 1, 2024 – Dec 31, 2024; cash bonus based on cash, gross margin, and sales targets.
- Payouts under Supplemental Plan and 2024 LIP collectively capped at 95% of participants' target awards under the LIP.
- Time-based restricted stock units (Supplemental Grant) will be awarded as previously disclosed.