Array Digital (AD) CEO awarded 5,805 RSUs under long-term incentive plan

Rhea-AI Filing Summary

Carlson Anthony J reported acquisition or exercise transactions in this Form 4 filing.

ARRAY DIGITAL INFRASTRUCTURE, INC. reported that President and CEO Anthony J. Carlson received a grant of 5,805 restricted stock units under the company’s Long-Term Incentive Plan. These RSUs represent the right to receive an equal number of common shares and will vest in three equal installments on the first, second, and third anniversaries of the grant date, aligning a portion of the CEO’s compensation with long-term shareholder value.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Carlson Anthony J

(Last) (First) (Middle)

500 W. MADISON STREET, SUITE 810

(Street)

CHICAGO ILLINOIS 60661

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ARRAY DIGITAL INFRASTRUCTURE, INC. [ AD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/17/2026		A		5,805		(1)	(1)	Common Shares	5,805	(1)	5,805	D

Explanation of Responses:

1. These restricted stock units were awarded under the Array Digital Infrastructure Long-Term Incentive Plan. These restricted stock units will ratably vest on the first, second and third anniversaries of the grant date.

Remarks:

	Julie D Mathews, by power of atty	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ARRAY DIGITAL INFRASTRUCTURE (AD) report for its CEO?

ARRAY DIGITAL INFRASTRUCTURE reported that President and CEO Anthony J. Carlson received 5,805 restricted stock units as equity compensation. The award ties part of his pay to the company’s share performance over time through future vesting into common shares.

How many restricted stock units did the AD CEO receive in this Form 4?

The CEO received an award of 5,805 restricted stock units. Each unit represents the right to receive one common share, subject to vesting conditions, making this a non-cash, stock-based component of his overall compensation package at ARRAY DIGITAL INFRASTRUCTURE.

What is the vesting schedule for the 5,805 RSUs granted by ARRAY DIGITAL INFRASTRUCTURE?

The 5,805 restricted stock units will vest ratably over three years. They vest in equal installments on the first, second, and third anniversaries of the grant date, encouraging longer-term retention and alignment between the CEO and ARRAY DIGITAL INFRASTRUCTURE shareholders.

Was the CEO’s restricted stock unit grant in AD an open-market purchase or sale?

The transaction was a grant of restricted stock units, not an open-market trade. It is classified as an acquisition under a long-term incentive plan, awarded at no cash cost per unit, and functions as equity-based compensation rather than a buy or sell decision.

What type of security underlies the CEO’s restricted stock units at ARRAY DIGITAL INFRASTRUCTURE?

The restricted stock units are linked to ARRAY DIGITAL INFRASTRUCTURE common shares. Upon vesting, each of the 5,805 RSUs is convertible into one common share, subject to the vesting schedule and plan terms, thereby increasing the CEO’s direct equity stake over time.