[Form 4] United States Cellular Corporation 5.500% Senior Notes due 2070 Insider Trading Activity

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Insider Trade Summary

Net Buyer: 27,905 shares

Net Buy 13 txns

Insider Chambers Douglas W

Role Interim President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	11,522	$0.00	$0.00
Exercise	Performance Share Units	41,132	$0.00	$0.00
Exercise	Performance Share Units	30,225	$0.00	$0.00
Exercise	Restricted Stock Units	13,812	$0.00	$0.00
Grant/Award	Performance Share Units	2,871	$0.00	$0.00
Exercise	Performance Share Units	11,484	$0.00	$0.00
Exercise	Restricted Stock Units	11,484	$0.00	$0.00
Exercise	Common Shares	11,522	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	5,416	$73.50	$398K
Exercise	Common Shares	41,132	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	19,333	$73.50	$1.42M
Exercise	Common Shares	67,005	$0.00	$0.00
Disposition	Common Shares	67,005	$73.50	$4.92M

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Performance Share Units — 0 shares (Direct); Common Shares — 110,900 shares (Direct)

Footnotes (5)

F1. This transaction represents accelerated vesting and settlement of previously granted Restricted Stock Units in connection with the completion of Array's sale of its wireless operations and select spectrum assets.
F2. Shares withheld to pay taxes.
F3. This transaction represents accelerated vesting and settlement of previously granted Performance Share Units in connection with the completion of Array's sale of its wireless operations and select spectrum assets.
F4. This transaction represents accelerated vesting and cash settlement of Restricted Stock Units and Performance Share Units in connection with the completion of Array's sale of its wireless operation and select spectrum assets.
F5. On March 3, 2025, reporting person was granted an award based on achievement of certain performance measures at 75% of the target opportunity as of the grant date. In connection with the completion of Array's sale of its wireless operation and select spectrum assets, reporting person's performance share units were accelerated for vesting to 100% of target.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 08/05/2025 - 06:58 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Chambers Douglas W

(Last)

(First)

(Middle)

500 W. MADISON STREET, SUITE 810

(Street)

CHICAGO

60661

(City)

(State)

(Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
08/01/2025

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	08/01/2025		M⁽¹⁾		11,522	A	⁽¹⁾	94,517	D
Common Shares	08/01/2025		F⁽²⁾		5,416	D	$73.5	89,101	D
Common Shares	08/01/2025		M⁽³⁾		41,132	A	⁽³⁾	130,233	D
Common Shares	08/01/2025		F⁽²⁾		19,333	D	$73.5	110,900	D
Common Shares	08/01/2025		M⁽⁴⁾		67,005	A	⁽⁴⁾	177,905	D
Common Shares	08/01/2025		D⁽⁴⁾		67,005	D	$73.5	110,900	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	08/01/2025		M⁽¹⁾			11,522	⁽¹⁾	⁽¹⁾	Common Shares	11,522	⁽¹⁾	0⁽¹⁾	D
Performance Share Units	⁽³⁾	08/01/2025		M⁽³⁾			41,132	⁽³⁾	⁽³⁾	Common Shares	41,132	⁽³⁾	0⁽³⁾	D
Performance Share Units	⁽⁴⁾	08/01/2025		M⁽⁴⁾			30,225	⁽⁴⁾	⁽⁴⁾	Common Shares	30,225	⁽⁴⁾	0⁽⁴⁾	D
Restricted Stock Units	⁽⁴⁾	08/01/2025		M⁽⁴⁾			13,812	⁽⁴⁾	⁽⁴⁾	Common Shares	13,812	⁽⁴⁾	0⁽⁴⁾	D
Performance Share Units	⁽⁵⁾	08/01/2025		A⁽⁵⁾		2,871		⁽⁵⁾	⁽⁵⁾	Common Shares	2,871	⁽⁵⁾	11,484	D
Performance Share Units	⁽⁴⁾	08/01/2025		M⁽⁴⁾			11,484	⁽⁴⁾	⁽⁴⁾	Common Shares	11,484	⁽⁴⁾	0⁽⁴⁾	D
Restricted Stock Units	⁽⁴⁾	08/01/2025		M⁽⁴⁾			11,484	⁽⁴⁾	⁽⁴⁾	Common Shares	11,484	⁽⁴⁾	0⁽⁴⁾	D

Explanation of Responses:

1. This transaction represents accelerated vesting and settlement of previously granted Restricted Stock Units in connection with the completion of Array's sale of its wireless operations and select spectrum assets.

2. Shares withheld to pay taxes.

3. This transaction represents accelerated vesting and settlement of previously granted Performance Share Units in connection with the completion of Array's sale of its wireless operations and select spectrum assets.

4. This transaction represents accelerated vesting and cash settlement of Restricted Stock Units and Performance Share Units in connection with the completion of Array's sale of its wireless operation and select spectrum assets.

5. On March 3, 2025, reporting person was granted an award based on achievement of certain performance measures at 75% of the target opportunity as of the grant date. In connection with the completion of Array's sale of its wireless operation and select spectrum assets, reporting person's performance share units were accelerated for vesting to 100% of target.

Remarks:

	Julie D Mathews, by power of atty	08/05/2025
	** 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.

Source: View Original Filing on SEC EDGAR