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TELEPHONE & DATA SYSTEMS INC /DE/ — Director's Dealing 2025
Aug 22, 2025
31096_dirs_2025-08-22_553a432f-2b55-40cb-95d7-f0b7f6ea6493.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK: 0001051512
Period of Report: 2025-08-20
Reporting Person: CARLSON LEROY T JR (Director, Vice Chair)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-08-19 | Common Shares | J | 161749 | — | Disposed | 311364 | Indirect |
| 2025-08-19 | Common Shares | J | 161749 | — | Acquired | 531122 | Direct |
| 2025-08-20 | Common Shares | G | 161749 | — | Disposed | 369373 | Direct |
| 2025-08-19 | Common Shares | J | 64543 | — | Disposed | 40978.32 | Indirect |
| 2025-08-19 | Common Shares | J | 64543 | — | Acquired | 64543 | Indirect |
| 2025-08-20 | Common Shares | G | 27000 | — | Disposed | 37543 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common | 78943 | Indirect |
| Common Shares | 211758 | Indirect |
Footnotes
F1: On August 19, 2025, reporting person, in accordance with the provisions of a Grantor Retained Annuity Trust ("GRAT"), had 161,749 shares of common stock distributed from GRAT to the reporting person as an annuity payment in accordance with the terms of the GRAT. The transfer is exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.
F2: By gift
F3: On August 19, 2025, reporting person's spouse, in accordance with the provisions of a Grantor Retained AnnuityTrust ("GRAT"), had 64,543 shares of common stock distributed from GRAT to the reporting person's spouse as an annuity payment in accordance with the terms of the GRAT. The transfer is exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act.