Array Digital director sells 6,832 shares
ARRAY DIGITAL INFRASTRUCTURE, INC.
Rhea-AI Filing Summary
ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) director Harry J. Harczak Jr. reported selling a total of 6,832 Common Shares on September 11, 2026 in open-market transactions. The sales occurred at per-share prices of $38.18 and $38.21. No post-transaction share balance is reported, and no Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,832 shares
Net Sell
2 txns
Insider
HARCZAK HARRY J JR
Role
Director
Sold
6,832 shs ($261K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Shares | 4,709 | $38.18 | $180K |
| Sale | Common Shares | 2,123 | $38.21 | $81K |
Holdings After Transaction:
Common Shares — 14,415 shares (Direct)
Key Figures
Shares sold (first transaction): 4,709 shares at $38.18 per share
Shares sold (second transaction): 2,123 shares at $38.21 per share
Total shares sold: 6,832 shares
+1 more
4 metrics
Shares sold (first transaction)
4,709 shares at $38.18 per share
Common Shares sold on September 11, 2026 in an open-market transaction
Shares sold (second transaction)
2,123 shares at $38.21 per share
Common Shares sold on September 11, 2026 in an open-market transaction
Total shares sold
6,832 shares
Aggregate of both Common Share sales reported for September 11, 2026
Net buy/sell direction
Net sale of 6,832 shares
Transaction summary across all reported September 11, 2026 trades
Key Terms
Common Shares, Rule 10b5-1, non-derivative, open-market transaction
4 terms
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading plan affirmation box was not checked."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
non-derivative financial
"Each reported transaction involves non-derivative Common Shares."
open-market transaction financial
"Each sale is described as a Sale in open market or private transaction."
An open-market transaction is a buy or sell of a company's shares or other securities conducted on a public exchange at the current market price, rather than through a private agreement. Investors watch these trades because they change the number of shares available and can move the price immediately—similar to how a large purchase at a busy store can raise demand and affect the checkout price—so such activity can signal market sentiment and alter ownership stakes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) report?
The company reported that director Harry J. Harczak Jr. sold a total of 6,832 Common Shares of ARRAY DIGITAL INFRASTRUCTURE, INC. on September 11, 2026 in open-market transactions.
Was a Rule 10b5-1 trading plan used for the AD insider sales?
No. The filing indicates that the Rule 10b5-1 trading plan affirmation box was not checked, and there is no footnote stating that the September 11, 2026 sales were made under a pre-arranged trading plan.
What type of security did the ARRAY DIGITAL (AD) director sell?
The reporting person sold Common Shares of ARRAY DIGITAL INFRASTRUCTURE, INC. The Form 4 lists both transactions as involving non-derivative Common Shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.