SCHEDULE: Morgan Stanley Reduces Stake in Array Technologies

Morgan Stanley has reported ceasing to be a beneficial owner of more than five percent of Array Technologies Inc.'s common stock.

Summary

• Morgan Stanley reported beneficial ownership of 6,390,690 shares of Array Technologies Inc. common stock.
• This represents 4.2% of the class of securities.
• Morgan Stanley has ceased to be the beneficial owner of more than five percent of the class of securities as of December 31, 2025.
• Shared voting power is 6,328,871 shares.
• Shared dispositive power is 6,390,690 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, factual regulatory disclosure of a change in beneficial ownership, without direct positive or negative implications for Array Technologies' operational performance within this document.

Negatives

• Morgan Stanley has reduced its beneficial ownership in Array Technologies Inc. to below the 5% threshold, which may be interpreted by some investors as a decrease in institutional confidence.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Array Technologies Inc.'s future performance or operations.

Industry Context

StockSavvy.ai notes that a reduction in a significant institutional investor's stake, such as Morgan Stanley's, can sometimes signal a shift in investment strategy or a re-evaluation of the company's prospects within the solar tracking industry. While not inherently negative, it warrants monitoring for broader industry trends or specific company developments that might influence such a decision.

Stakeholder Impact

• Shareholders may interpret Morgan Stanley's reduction in stake below 5% as a potential signal of decreased institutional interest, which could influence investor sentiment.

Key Dates

Keywords

Morgan Stanley, Array Technologies Inc., Common Stock, Schedule 13G, Beneficial Ownership, Institutional Holdings, SEC Filing, Ownership Disclosure