Form 4 for AD ARRAY DIGITAL INFRASTRUCTURE, INC.
Accepted 2026-04-06 16:15:29 ET · period of report 2026-04-03 · accession 0002028349-26-000011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-04-06 16:15 | 2026-04-03 | AD | Carlson Anthony J | Pres, CEO, Dir | M - OptEx | $48.00 | +5,892 | 14.3K | +70% | +$282.8K |
| DM | 2026-04-06 16:15 | 2026-04-03 | AD | Carlson Anthony J | Pres, CEO, Dir | F - Tax | $48.00 | -1,728 | 13.1K | -12% | -$82.9K |
| DM | 2026-04-06 16:15 | 2026-04-03 | AD | Carlson Anthony J | Pres, CEO, Dir | M - OptEx | $48.00 | -5,892 | 0 | -100% | -$282.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2026-04-03 | M | A | 1,742 | $48.00 | 10,671 | D | — | — | (F1) Granted under the Array Long-Term Incentive Plan on April 3, 2023. Restricted stock units vest one-third each year on the first, second and third anniversaries of the grant date. This represents settlement of the third and final vesting. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 436 units and 290 units respectively, to maintain the underlying awards fair value. (F2) The market was closed on the vest date therefore the previous trading day's close, April 2, 2026, was used to value the transaction. |
| 2 | Common | Common Shares | 2026-04-03 | F | D | 511 | $48.00 | 10,160 | D | — | — | (F3) Shares withheld to pay taxes. (F2) The market was closed on the vest date therefore the previous trading day's close, April 2, 2026, was used to value the transaction. |
| 3 | Common | Common Shares | 2026-04-03 | M | A | 4,150 | $48.00 | 14,310 | D | — | — | (F4) On April 3, 2023 the reporting person was granted financial-based performance share units that would be measured over a one-year time period. The Performance Shares were certified and adjusted for performance on February 14, 2024 and vested on April 3, 2026. Each performance share unit represents the contingent right to receive one common share. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 1040 units and 691 units respectively, to maintain the underlying awards fair value. (F2) The market was closed on the vest date therefore the previous trading day's close, April 2, 2026, was used to value the transaction. |
| 4 | Common | Common Shares | 2026-04-03 | F | D | 1,217 | $48.00 | 13,093 | D | — | — | (F3) Shares withheld to pay taxes. (F2) The market was closed on the vest date therefore the previous trading day's close, April 2, 2026, was used to value the transaction. |
| 5 | Derivative | Restricted Stock Units | 2026-04-03 | M | D | 1,742 | $48.00 | 0 | D | — · — to — | 1,742 Common Shares | (F1) Granted under the Array Long-Term Incentive Plan on April 3, 2023. Restricted stock units vest one-third each year on the first, second and third anniversaries of the grant date. This represents settlement of the third and final vesting. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 436 units and 290 units respectively, to maintain the underlying awards fair value. (F1) Granted under the Array Long-Term Incentive Plan on April 3, 2023. Restricted stock units vest one-third each year on the first, second and third anniversaries of the grant date. This represents settlement of the third and final vesting. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 436 units and 290 units respectively, to maintain the underlying awards fair value. (F1) Granted under the Array Long-Term Incentive Plan on April 3, 2023. Restricted stock units vest one-third each year on the first, second and third anniversaries of the grant date. This represents settlement of the third and final vesting. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 436 units and 290 units respectively, to maintain the underlying awards fair value. |
| 6 | Derivative | Peformance Share Units | 2026-04-03 | M | D | 4,150 | $48.00 | 0 | D | — · — to — | 4,150 Common Shares | (F4) On April 3, 2023 the reporting person was granted financial-based performance share units that would be measured over a one-year time period. The Performance Shares were certified and adjusted for performance on February 14, 2024 and vested on April 3, 2026. Each performance share unit represents the contingent right to receive one common share. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 1040 units and 691 units respectively, to maintain the underlying awards fair value. (F4) On April 3, 2023 the reporting person was granted financial-based performance share units that would be measured over a one-year time period. The Performance Shares were certified and adjusted for performance on February 14, 2024 and vested on April 3, 2026. Each performance share unit represents the contingent right to receive one common share. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 1040 units and 691 units respectively, to maintain the underlying awards fair value. (F4) On April 3, 2023 the reporting person was granted financial-based performance share units that would be measured over a one-year time period. The Performance Shares were certified and adjusted for performance on February 14, 2024 and vested on April 3, 2026. Each performance share unit represents the contingent right to receive one common share. As a result of special dividends on August 19, 2025, and February 2, 2026, the reporting person acquired 1040 units and 691 units respectively, to maintain the underlying awards fair value. |