secwatch.observer — SEC 8-K summary
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Issuer:     ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
CIK:        0000821130
Form:       8-K
Filed at:   2026-06-01T20:09:49+00:00
Accession:  0000821130-26-000040
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/821130/000082113026000040/0000821130-26-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/821130/000082113026000040/ad-20260601.htm
  HTML page:      https://secwatch.observer/filing/0000821130-26-000040

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