Carlson Anthony J 4

What Happened
Anthony J. Carlson (President of Array; Trustee of the TDS Voting Trust) was granted 1,033 performance-based share units (derivative award) on 2026-02-25. The filing shows an award (code A) for 1,033 PSUs; no purchase price or immediate market value is reported because these are contingent/derivative awards, not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely filing).
• Award: 1,033 performance share units (PSUs); price reported as N/A (derivative award).
• Origin: PSUs were originally granted May 21, 2025 and adjusted based on performance certification.
• Performance adjustment: Compensation & HR Committee certified achievement at 75.1% (based on company performance through 12/31/2025), producing the adjusted PSU count.
• Vesting: These performance-adjusted units are time-based and will vest on 2027-12-31.
• Dividends: PSUs have been accruing quarterly dividend equivalents.
• Shares owned after transaction: not specified in the supplied filing excerpt.

Context: Performance share units represent a contingent right to receive common shares if vesting conditions are met; they are compensation rather than an immediate purchase or sale and do not by themselves indicate insider buying or selling intent.