Douglas W. Chambers - 01 Aug 2025 Form 4 Insider Report for ARRAY DIGITAL INFRASTRUCTURE, INC. (USM)

Role
Interim President and CEO, Director
Signature
Julie D Mathews, by power of atty
Issuer symbol
USM
Transactions as of
01 Aug 2025
Transactions value $
-$6,743,919
Form type
4
Filing time
05 Aug 2025, 18:58:01 UTC
Previous filing
07 Apr 2025
Next filing
14 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Chambers Douglas W Interim President and CEO, Director 500 W. MADISON STREET, SUITE 810, CHICAGO Julie D Mathews, by power of atty 05 Aug 2025 0001739622

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USM Common Shares Options Exercise +11.5K +13.88% 94.5K 01 Aug 2025 Direct F1
transaction USM Common Shares Tax liability -$398K -5.42K -5.73% $73.50 89.1K 01 Aug 2025 Direct F2
transaction USM Common Shares Options Exercise +41.1K +46.16% 130K 01 Aug 2025 Direct F3
transaction USM Common Shares Tax liability -$1.42M -19.3K -14.84% $73.50 111K 01 Aug 2025 Direct F2
transaction USM Common Shares Options Exercise +67K +60.42% 178K 01 Aug 2025 Direct F4
transaction USM Common Shares Disposed to Issuer -$4.92M -67K -37.66% $73.50 111K 01 Aug 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction USM Restricted Stock Units Options Exercise -11.5K -100% 0 01 Aug 2025 Common Shares 11.5K Direct F1
transaction USM Performance Share Units Options Exercise -41.1K -100% 0 01 Aug 2025 Common Shares 41.1K Direct F3
transaction USM Performance Share Units Options Exercise -30.2K -100% 0 01 Aug 2025 Common Shares 30.2K Direct F4
transaction USM Restricted Stock Units Options Exercise -13.8K -100% 0 01 Aug 2025 Common Shares 13.8K Direct F4
transaction USM Performance Share Units Award +2.87K +33.33% 11.5K 01 Aug 2025 Common Shares 2.87K Direct F5
transaction USM Performance Share Units Options Exercise -11.5K -100% 0 01 Aug 2025 Common Shares 11.5K Direct F4
transaction USM Restricted Stock Units Options Exercise -11.5K -100% 0 01 Aug 2025 Common Shares 11.5K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.