Carlson Leroy T. Jr. - 20 Aug 2025 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Role
Vice Chair, Director
Signature
Julie D Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
20 Aug 2025
Net transactions value
$0
Form type
4
Filing time
22 Aug 2025, 16:12:36 UTC
Previous filing
14 Aug 2025
Next filing
20 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
CARLSON LEROY T JR Vice Chair, Director 30 N. LASALLE STREET, SUITE 4000, CHICAGO Julie D Mathews, by power of atty 22 Aug 2025 0000901731

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Other $0 -161,749 -34% $0.000000 311,364 19 Aug 2025 By Trust F1
transaction TDS Common Shares Other $0 +161,749 +44% $0.000000 531,122 19 Aug 2025 Direct F1
transaction TDS Common Shares Gift $0 -161,749 -30% $0.000000 369,373 20 Aug 2025 Direct F2
transaction TDS Common Shares Other $0 -64,543 -61% $0.000000 40,978 19 Aug 2025 By Wife's Trust F3
transaction TDS Common Shares Other $0 +64,543 $0.000000 64,543 19 Aug 2025 By Wife F3
transaction TDS Common Shares Gift $0 -27,000 -42% $0.000000 37,543 20 Aug 2025 By Wife F2
holding TDS Common 78,943 20 Aug 2025 By Trust
holding TDS Common Shares 211,758 20 Aug 2025 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.