Form 4: Array Technologies' Chief Accounting Officer, James Zhu, Reports Stock Transactions
SEC Form 4 Filing
James Zhu, Chief Accounting Officer of Array Technologies, reports the vesting and tax withholding of restricted stock units.
Summary
- On March 12, 2025, James Zhu, Chief Accounting Officer of Array Technologies, Inc., reported transactions involving the company's common stock.
- Zhu acquired 6,162 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 1,655 shares were withheld by the issuer to cover tax obligations related to the vesting of these units at a price of $6.03 per share.
- Following these transactions, Zhu directly owns 4,507 shares of Array Technologies' common stock and 68,018 restricted stock units.
- Zhu also granted power of attorney to Gina Gunning and Christopher Fox to execute filings on his behalf.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| October 14, 2020 | Power of Attorney approved |
| March 10, 2025 | Date of Power of Attorney execution by James Zhu |
| March 12, 2025 | Date of stock transactions (vesting and tax withholding) |
| March 14, 2025 | Date of signature for the report |
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