Carlson Anthony J 4
4 · ARRAY DIGITAL INFRASTRUCTURE, INC. · Filed Mar 6, 2026
Research Summary
AI-generated summary of this filing
Array Digital (AD) CEO Anthony Carlson Receives 1,004 Shares
What Happened
Anthony J. Carlson, President, CEO and a director of Array Digital Infrastructure (AD), had 1,004 restricted stock units convert/settle into 1,004 shares on March 4, 2026 at $49.91 per share (gross value $50,110). Of those shares, 349 were withheld to cover tax liabilities ($17,419), leaving Carlson with 655 net shares (worth about $32,691.05). This filing reports vesting/settlement of awards rather than an open‑market buy or sell.
Key Details
- Transaction date: March 4, 2026; price per share: $49.91. Transaction codes: M = exercise/convert derivative (settlement), F = shares withheld for taxes.
- Gross shares settled: 1,004; shares withheld for taxes: 349; net shares delivered: 655.
- Values: gross = $50,110; tax withholding = $17,419; net value retained ≈ $32,691.05.
- Shares owned after transaction: not specified in this Form 4.
- Footnotes: F1 — Award granted under Array Long‑Term Incentive Plan on 3/4/2024; RSUs vest one‑third annually and a special dividend (2/2/2026) increased the vested award by 167 units; this filing reports the second vesting settlement. F2 — 349 shares withheld to pay taxes on vesting.
- Filing timeliness: Form 4 filed 2026‑03‑06 for a 2026‑03‑04 transaction (timely).
Context
This was a routine RSU vesting/settlement (conversion of derivative award) with tax withholding, not an open‑market sale or purchase. Such conversions are compensation-related and don’t necessarily signal executive trading intent.
Insider Transaction Report
- Exercise/Conversion
Common Shares
[F1]2026-03-04$49.91/sh+1,004$50,110→ 9,278 total - Tax Payment
Common Shares
[F2]2026-03-04$49.91/sh−349$17,419→ 8,929 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-03-04$49.91/sh−1,004$50,110→ 1,003 total→ Common Shares (1,004 underlying)
Footnotes (2)
- [F1]Granted under the Array Long-Term Incentive Plan on March 4, 2024. Restricted stock units vest one-third each year on the first, second and third anniversaries of the grant date. As a result of a special dividend paid on February 2, 2026, reporting persons vested award was increased by 167 units to maintain the underlying awards fair value. This represents settlement of the second vesting.
- [F2]Shares withheld to pay taxes on restricted stock units that vest on March 4, 2026.