Joseph R. Hanley - 11 Jun 2025 Form 4 Insider Report for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)

Signature
Julie D. Mathews, by power of atty
Issuer symbol
TDS
Transactions as of
11 Jun 2025
Transactions value $
$115,358
Form type
4
Filing time
12 Jun 2025, 16:49:10 UTC
Previous filing
22 May 2025
Next filing
06 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hanley Joseph R SVP-Strategy & Corp Dev 30 N. LASALLE ST., STE. 4000, CHICAGO Julie D. Mathews, by power of atty 12 Jun 2025 0001298040

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Options Exercise $207K +6.06K +6.27% $34.17 103K 11 Jun 2025 Direct F1
transaction TDS Common Shares Tax liability -$91.8K -2.69K -2.61% $34.17 100K 11 Jun 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 TDS Restricted Stock Units Options Exercise $0 -6.06K -33.33% $0.00 12.1K 11 Jun 2025 Common Shares 6.06K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units were awarded on June 11, 2024, pursuant to the 2022 Long Term Incentive Plan. One-third of the restricted stock units will vest on the first, second and third annual anniversaries of the Grant Date. This transaction represents settlement of the first vesting. Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
F2 Shares withheld to pay taxes on restricted stock units that vest on June 11, 2025.