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TELEPHONE & DATA SYSTEMS INC /DE/ — Director's Dealing 2026
Feb 27, 2026
31096_dirs_2026-02-27_0079be58-efb6-43f2-8842-94326c169aa7.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: 2026-02-25
Reporting Person: Carlson Anthony J (President of Array, Trustee of TDS Voting Trust)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2026-02-25 | Peformance Share Units | $ | A | 1033 | Acquired | Common Shares (1033) | Direct |
Footnotes
F1: On May 21, 2025, the reporting person was granted financial-based performance share units based on the performance of three key metrics and the payout could be increased to 150% of target or reduced to 0% on achievement of the key metrics. Based on company performance at December 31, 2025, on February 25, 2026 the Compensation Human Resources Committee certified the three metrics at 75.1%. The Performance Shares representing the three metrics are now certified and are adjusted for performance and are time-based and will vest on December 31, 2027. The performance share units have been accumulating quarterly dividend equivalents. Each performance share unit represents the contingent right to receive one common share.