Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers This Current Report on Form 8-K is being filed by Array Digital Infrastructure, Inc. (Array) to describe and file as an Exhibit the Array 2026 Annual Incentive Plan (the 2026 Plan) with respect to "named executive officers" of Array as specified in paragraph (e) of Item 5.02 of Form 8-K. As of March 22, 2026, the 2026 Plan was approved both by Array’s Chair and Array's President and CEO. The 202 6 Plan covers all Array associates, including the President and CEO. The Array Chair does not participate in the 2026 Plan. The purpose of the 2026 Plan is to motivate and reward associates for performance that drives achievement of Array's business goals. The Plan has the following two performance components for officers: Plan Component Component Weighting Company Performance 80% Individual Performance 20% The Plan company performance is measured by performance against the following financial metrics with the following weightings: Company Performance Metric Metric Weighting Adjusted Revenue 40% Adjusted OIBDA 40% New Cash Site Rental Revenue 20% Under the provisions of the 2026 Plan, no bonus is due unless an officer remains employed through the bonus payout date except that an officer who separates due to retirement or death is eligible for a pro-rated bonus. The President and CEO and/or Chair of Array, as appropriate, may approve a bonus, or a pro-rated bonus, for an officer who is not employed through the bonus payout date. The foregoing description is qualified by reference to the 2026 Plan which is attached hereto as Exhibit 10.1 and incorporated by reference herein.
USM United States Cellular Corp - 8-K
Accession
0000821130-26-0000185.029.01
Item 5.02 - Departure/Election of Directors or Certain Officers
278 words
Item 9.01 - Financial Statements and Exhibits
42 words
Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit Number Description of Exhibits 10.1 Array 2026 Annual Incentive Plan effective January 1, 2026. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.