Bank of America Corp Reports New 5.7% Passive Stake in Array Digital Infrastructure, Inc.

Bank of America Corporation filed a Schedule 13G on May 14, 2026, disclosing a new passive ownership stake in Array Digital Infrastructure, Inc. (ticker: AD). As of the event date of March 31, 2026, the financial institution reported beneficial ownership of 3,064,796 common shares, representing approximately 5.7% of the company's outstanding stock. This filing marks an increase from a previous 0% position, crossing the 5% regulatory reporting threshold. The shares are held by Bank of America Corp on behalf of several wholly owned subsidiaries, including BofA Securities, Inc., Bank of America N.A., Merrill Lynch International, and Merrill Lynch Pierce Fenner & Smith, Inc. According to the filing, the reporting person has 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 as reported in the issuer's Form 10-Q filed on May 8, 2026. The acquisition was made in the ordinary course of business without the intent to influence or change the control of the issuer.