---
schema_version: "secwatch.filing_event.v1"
accession: "0000821130-26-000040"
form_type: "8-K"
ticker: "AD"
cik: "0000821130"
company_name: "ARRAY DIGITAL INFRASTRUCTURE, INC."
filed_at: "2026-06-01T20:09:49+00:00"
generated_at: "2026-06-01T20:18:44.412056+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Array closes $1.0B spectrum sale to Verizon; declares $11 special dividend

## Summary
- Sold select spectrum to Verizon for $1.0 billion cash, closed June 1, 2026.
- Separate spectrum sales to T-Mobile totaling $168M completed in May 2026.
- Board declares special cash dividend of $11.00 per common share.
- Record date June 11, 2026; payment date June 25, 2026.
- Company does not anticipate any additional dividends in 2026.

## SEC filing metadata
- accession: 0000821130-26-000040
- form_type: 8-K
- ticker: AD
- cik: 0000821130
- company_name: ARRAY DIGITAL INFRASTRUCTURE, INC.
- filed_at: 2026-06-01T20:09:49+00:00
- event_type: m_and_a
- 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/821130/000082113026000040/0000821130-26-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/821130/000082113026000040/ad-20260601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000821130-26-000040
- JSON: https://secwatch.observer/filing/0000821130-26-000040.json
- Plain text: https://secwatch.observer/filing/0000821130-26-000040.txt

## Source-grounded claims
- claim_id: 89fb6c7f0f8b265a2fda1660e4eacc4634d5ef5e
  claim: ARRAY DIGITAL INFRASTRUCTURE, INC. completed a disposition involving Verizon Communications Inc. for $1.0 billion, paid in cash (closed 2026-06-01).
  evidence_excerpt: The purchase price received by Array at the Closing was $1.0 billio n, paid in cash. --- EX-99.1 (EX-99.1) --- Array completes sale of select spectrum assets to Verizon for $1.0 billion Board declares special dividend of $11.00 per share CHICAGO (June 1, 2026) – Array Digital Infrastructure, Inc. (NYSE: AD) (Array SM ) today announced the successful closing of
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113026000040/0000821130-26-000040-index.htm
- claim_id: a307f443da4e9c26023804aa85301724ae0b4fdc
  claim: ARRAY DIGITAL INFRASTRUCTURE, INC. completed a disposition involving T-Mobile for $168M.
  evidence_excerpt: Additionally, certain spectrum sales to T-Mobile totaling $168M, primarily related to 700MHz and 600MHz, were completed in May.
  evidence_url: https://www.sec.gov/Archives/edgar/data/821130/000082113026000040/0000821130-26-000040-index.htm

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