Form 4: Array Technologies' Chief Legal Officer Reports Stock Transaction
SEC Form 4 Filing
Tyson Hottinger, Chief Legal Officer of Array Technologies, reports the disposition of 3,908 shares to cover tax obligations related to vesting Restricted Stock Units on March 22, 2024.
Summary
- On March 22, 2024, Tyson Hottinger, the Chief Legal Officer of Array Technologies, Inc., disposed of 3,908 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $12.65 per share.
- Following the transaction, Hottinger directly owns 63,346 shares of Array Technologies, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/22/2024 | Date of stock transaction where 3,908 shares were disposed of to cover tax obligations. |
| 03/26/2024 | Date of signature for the Form 4 filing. |
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