STOCK TITAN

Bank of America (AD) updates 1.4% stake in Array Digital in new 13G/A

(Neutral)
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Bank of America Corporation, through certain wholly owned subsidiaries, reports amended passive ownership of common shares of ARRAY DIGITAL INFRASTRUCTURE, INC. under a Schedule 13G/A. The filing states beneficial ownership of 742,984 common shares, representing 1.4% of the class, based on 53,437,000 shares outstanding as reported by the issuer for March 31, 2026.

Bank of America reports 0 shares with sole voting power and 741,614 shares with shared voting power, as well as 0 shares with sole dispositive power and 742,984 shares with shared dispositive power. The position is reported on behalf of Bank of America Corporation and subsidiaries including BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc.

Positive

  • None.

Negative

  • None.
Beneficially owned shares 742,984 shares Common shares of ARRAY DIGITAL INFRASTRUCTURE, INC. beneficially owned by Bank of America
Ownership percentage 1.4% Percent of class of ARRAY DIGITAL INFRASTRUCTURE, INC. common shares
Shares outstanding baseline 53,437,000 shares Shares outstanding as of March 31, 2026, per the issuer’s Form 10-Q
Shared voting power 741,614 shares Shares over which Bank of America has shared power to vote
Shared dispositive power 742,984 shares Shares over which Bank of America has shared power to dispose
Sole voting power 0 shares Shares over which Bank of America has sole power to vote
Sole dispositive power 0 shares Shares over which Bank of America has sole power to dispose
Signature date 08/03/2026 Date the Schedule 13G/A was signed by an authorized signatory
beneficial ownership financial
"The beneficial ownership calculation relies on the 53,437,000 outstanding shares"
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.
shared voting power financial
"Shared Voting Power 741,614.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
shared dispositive power financial
"Shared Dispositive Power 742,984.00"
Schedule 13G regulatory
"This statement on is being filed by Bank of America Corporation"
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.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What percentage of ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) does Bank of America report owning in this Schedule 13G/A?

Bank of America reports owning 1.4% of the common shares of ARRAY DIGITAL INFRASTRUCTURE, INC., based on 53,437,000 shares outstanding as of March 31, 2026, per the issuer’s Form 10-Q.

How many ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) shares does Bank of America beneficially own?

Bank of America reports beneficial ownership of 742,984 common shares of ARRAY DIGITAL INFRASTRUCTURE, INC. This figure underlies the stated 1.4% ownership stake in the company’s outstanding common shares.

What are Bank of America’s voting powers over ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) shares?

Bank of America reports 0 shares with sole voting power and 741,614 shares with shared voting power. This indicates voting authority over the position is held on a shared, rather than exclusive, basis through its reporting subsidiaries.

What dispositive powers does Bank of America report for its ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) holdings?

Bank of America reports 0 shares with sole dispositive power and 742,984 shares with shared dispositive power. Dispositive power refers to the authority to dispose of or direct the disposition of these shares.

Which Bank of America subsidiaries are included in this ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) Schedule 13G/A?

The filing is submitted for Bank of America Corporation and subsidiaries including BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. as relevant holders of the reported shares.

Why does the ARRAY DIGITAL INFRASTRUCTURE, INC. (AD) 13G/A reference 53,437,000 outstanding shares?

The 53,437,000 outstanding shares figure comes from ARRAY DIGITAL INFRASTRUCTURE, INC.’s Form 10-Q, which reports shares outstanding as of March 31, 2026. Bank of America uses this number to calculate its 1.4% beneficial ownership.





911684108

(CUSIP Number)
6/30/2026

(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:08/03/2026