Laurent C. Therivel - 04 Mar 2025 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role: President and CEO, Director
Signature: Julie D Mathews, by power of atty
Issuer symbol: USM
Transactions as of: 04 Mar 2025
Net transactions value: -$644,817
Form type: 4
Filing time: 06 Mar 2025, 16:31:49 UTC
Previous filing: 07 Mar 2025
Next filing: 07 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USM	Common Shares	Options Exercise		+22,917	+23%		122,239	04 Mar 2025	Direct	F1
transaction	USM	Common Shares	Tax liability	$644,817	-10,153	-8.3%	$63.51	112,086	04 Mar 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	USM	Restricted Stock Units	Options Exercise		-22,917	-33%		45,834	04 Mar 2025	Common Shares	22,917		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 3, 2024, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan. RSUs vest one-third each year on the first, second and third anniversaries of the grant date. This transaction represents settlement of the first vesting.
F2	Shares withheld to pay for taxes