STOCK TITAN

Bank of America (AD) holds 3.06M shares of Array Digital Infrastructure (5.7%)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G

Rhea-AI Filing Summary

Array Digital Infrastructure, Inc. reports that Bank of America Corporation beneficially owns 3,064,796 shares of Common Stock, representing 5.7% of the class.

The filing states the ownership figures rely on 53,437,000 outstanding shares as of March 31, 2026 (per the issuer's Form 10-Q). Bank of America reports shared voting power of 3,063,421 and shared dispositive power of 3,064,796, filed on behalf of several wholly owned subsidiaries.

Positive

  • None.

Negative

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Insights

Bank of America holds a notable passive stake of 5.7% disclosed via Schedule 13G.

The filing shows 3,064,796 shares beneficially owned, calculated from an outstanding share base of 53,437,000 as of March 31, 2026. Ownership is reported with predominantly shared voting and dispositive powers across Bank of America and subsidiaries.

Because this is a Schedule 13G, the position is presented as passive. Future Form 13D/13G amendments or Forms 3/4 would be required to signal active changes in intent or control.

Filing attributes holdings to the parent and specific broker/dealer and bank subsidiaries.

The statement lists BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. as entities on whose behalf the parent filed. The schedule clarifies classification and subsidiary involvement under applicable rules.

Investor implications depend on whether the stake remains passive; amendments would disclose any shift from passive to active intent.

Beneficial ownership 3,064,796 shares Amount beneficially owned (Schedule 13G)
Percent of class 5.7% Percent of common shares (calculated using outstanding shares)
Shares outstanding 53,437,000 shares Outstanding shares as of <date> March 31, 2026 (per issuer Form 10-Q)
Shared voting power 3,063,421 Shared power to vote or to direct the vote
Shared dispositive power 3,064,796 Shared power to dispose or to direct the disposition
Schedule 13G regulatory
"The filing type is identified as Schedule 13G indicating passive ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
shared dispositive power governance
"Shared power to dispose or to direct the disposition of: 3,064,796.00"
beneficial ownership financial
"Amount beneficially owned: 3,064,796.00 (b) Percent of class: 5.7%"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
parent holding company filing regulatory
"This statement on is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries"





911684108

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: The beneficial ownership calculation relies on the 53,437,000 outstanding shares disclosed in the Form 10-Q by the issuer on May 8, 2026, which reports share totals as of March 31, 2026.


SCHEDULE 13G



BANK OF AMERICA CORP /DE/
Signature:/s/ Monica Yako
Name/Title:Authorized Signatory
Date:05/14/2026

FAQ

How many Array Digital Infrastructure (AD) shares does Bank of America report owning?

Bank of America reports beneficial ownership of 3,064,796 shares. The filing ties this to an outstanding share base of 53,437,000 as of March 31, 2026, yielding a 5.7% stake.

Does Bank of America have voting control over those AD shares?

Bank of America reports shared voting power of 3,063,421 and no sole voting power. Voting authority is reported as shared across the parent and subsidiaries named in the filing.

Is this ownership filing passive or active for AD?

The position is reported on a Schedule 13G, which indicates a passive investment. The filer states the ownership is reported on behalf of the parent and several subsidiaries.

Which Bank of America entities are cited in the AD filing?

The filing lists BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. as relevant subsidiaries on whose behalf the parent filed.

What date anchors the outstanding share count used for AD's ownership percentage?

The beneficial ownership calculation relies on the issuer's Form 10-Q reporting 53,437,000 outstanding shares as of March 31, 2026, per the filing's comment.