---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-26-000003"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2026-01-13T23:59:59+00:00"
generated_at: "2026-05-16T10:44:50.611222+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Array Digital sells spectrum assets to AT&T for $1.018B; declares $10.25 special dividend

## Summary
- Sold select spectrum licenses to AT&T for $1.018 billion in cash; $232 million allocated to 700 MHz band licenses.
- Board declared special cash dividend of $10.25 per common and Series A common share, payable Feb 2, 2026 to holders of record Jan 23, 2026.
- Transaction monetizes retained spectrum not included in T-Mobile sale closed Aug 1, 2025; furthers previously announced strategy.
- Special dividend expected to be largely designated as ordinary and qualified dividend for 1099-DIV reporting.
- Advisors: Citigroup, Centerview, TD Securities, Wells Fargo for TDS; PJT Partners for Array independent directors.

## SEC filing metadata
- accession: 0000821130-26-000003
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2026-01-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/821130/000082113026000003/0000821130-26-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113026000003/ad-20260113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-26-000003
- JSON: https://secwatch.observer/filing/0000821130-26-000003.json
- Plain text: https://secwatch.observer/filing/0000821130-26-000003.txt

## Source-grounded claims
- claim_id: a19710fe1e868d4ddfebc29d445de99c51f56fab
  claim: ARRAY DIGITAL INFRASTRUCTURE, INC. completed a disposition involving New Cingular Wireless PCS, LLC (AT&T) for $1.018 billion (closed 2026-01-13).
  evidence_excerpt: occurred at the Closing and, accordingly, no portion of the purchase price was deferred. --- EX-99.1 (EX-99.1) --- Array completes sale of select spectrum assets to AT&T for $1.018 billion Board declares special dividend of $10.25 per share CHICAGO (January 13, 2026) – Array Digital Infrastructure, Inc. SM (NYSE: AD) (Array SM ) today announced the successful
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113026000003/0000821130-26-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.