secwatch.observer — SEC 8-K summary
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Issuer:     ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
CIK:        0000821130
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0000821130-23-000034
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UScellular amends CEO Therivel's equity vesting terms for involuntary termination without cause
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- Addendum provides pro-rated vesting of eligible equity awards if CEO Laurent Therivel is terminated without cause.
- Eligible awards include RSUs, PSUs, and phantom stock but exclude the Initial Accomplishment Award.
- Performance measures deemed at target; payout within 60 days, subject to release and LTICC approval.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821130/000082113023000034/0000821130-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821130/000082113023000034/usm-20230522.htm
  HTML page:      https://secwatch.observer/filing/0000821130-23-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer