Bank of America Corp Reports New 5.7% Stake in Array Digital Infrastructure, Inc.
Bank of America Corporation filed a Schedule 13G on May 14, 2026, reporting a new 5.7% ownership stake in Array Digital Infrastructure, Inc. (ticker: AD). As of the event date on March 31, 2026, Bank of America beneficially owns 3,064,796 common shares. This position was established from a previous holding of zero shares, representing a significant new entry into the stock. The filing was made on behalf of Bank of America and its wholly owned subsidiaries, including BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. The reporting person indicates shared dispositive power over all 3,064,796 shares and shared voting power over 3,063,421 shares. The calculation of the ownership percentage is based on 53,437,000 outstanding shares reported by the issuer in its May 8, 2026, Form 10-Q. The securities were acquired in the ordinary course of business and not for the purpose of influencing control over the issuer.