Array Digital Infrastructure Insider Adds 1,960 Shares in Compensation Grant

Rhea-AI Filing Summary

Director Xavier Williams reported buying 1,960 common shares of Array Digital Infrastructure, Inc. (ticker USM) on 08/01/2025 at $73.50 per share, a transaction valued at roughly $144,000. The shares were granted under the company’s non-employee director compensation plan. Following the acquisition, Williams’ direct ownership rises to 6,862 shares. No shares were sold and no derivative positions were reported. The Form 4 was filed on 08/04/2025. While insider purchases generally signal confidence, the dollar amount and share count are modest relative to the company’s public float, so the filing is incremental rather than transformative for the investment outlook.

Positive

• Director purchase signals confidence, adding 1,960 shares worth about $144k and bringing total direct holdings to 6,862.

Negative

• None.

Insights

Securities Analyst

TL;DR: Small director purchase—mildly constructive signal, limited financial impact.

The $144k share acquisition by Director Williams modestly aligns insider and shareholder interests. Because the purchase was made under a standard board compensation plan, it offers less informational value than a discretionary open-market buy. The added 1,960 shares lift his stake to 6,862, still immaterial versus Array’s likely multi-million-share float, so liquidity and valuation are unaffected. Nonetheless, the absence of any sales and the clean capital structure (no derivatives disclosed) create a slightly positive governance tone.

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
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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^*

Williams Xavier

(Last) (First) (Middle)

500 W. MADISON STREET, SUITE 810

(Street)

CHICAGO IL 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
	Officer (give title below)		Other (specify below)

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)
			Code	V	Amount	(A) or (D)	Price
Common Shares	08/01/2025		A(1)		1,960	A	$73.5	6,862	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares acquired pursuant to a compensation plan for non-employee directors.

Remarks:

	Julie D. Mathews, by power of atty	08/04/2025
	** 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.

FAQ

How many Array Digital Infrastructure (USM) shares did the director buy?

Director Xavier Williams acquired 1,960 common shares.

What was the purchase price per share?

The shares were acquired at $73.50 each.

What is the director’s total ownership after the transaction?

Williams now directly owns 6,862 shares.

Was this an open-market purchase or part of a plan?

The shares were issued under a non-employee director compensation plan.

Were any shares sold or derivatives exercised?

No; the Form 4 shows only an acquisition and no derivative activity.