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Array Technologies ( (ARRY) ) has issued an update.
Array Technologies, Inc. has launched a new supplemental leadership incentive plan to drive its executives towards achieving the company’s financial and operational objectives. The plan includes performance-based stock units that are contingent on meeting specific cash, margin, and sales targets, with potential vesting of 0% to 95% of the target value. To bolster long-term commitment, the company also introduced a tiered vesting schedule for restricted stock units that will mature over three years, ensuring executives stay invested in the company’s success.
Find detailed analytics on ARRY stock on TipRanks’ Stock Analysis page.
