Joseph R. Hanley - 18 Aug 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
18 Aug 2025
Net transactions value
-$2,623,678
Form type
4
Filing time
18 Aug 2025, 16:50:18 UTC
Previous filing
06 Aug 2025
Next filing
27 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hanley Joseph R SVP-Strategy & Corp Dev 30 N. LASALLE STREET, SUITE 4000, CHICAGO Julie D Mathews, by power of atty 18 Aug 2025 0001298040

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDS Common Shares Options Exercise $213,689 +7,256 +7.2% $29.45 107,346 18 Aug 2025 Direct
transaction TDS Common Shares Options Exercise $200,116 +7,201 +6.7% $27.79 114,547 18 Aug 2025 Direct
transaction TDS Common Shares Options Exercise $193,778 +7,540 +6.6% $25.70 122,087 18 Aug 2025 Direct
transaction TDS Common Shares Options Exercise $219,494 +7,145 +5.9% $30.72 129,232 18 Aug 2025 Direct
transaction TDS Common Shares Sale $2,623,678 -68,759 -53% $38.16 60,473 18 Aug 2025 Direct F1

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 Option (Right to Buy) Options Exercise $200,116 -7,201 -100% $27.79 0 18 Aug 2025 Common Shares 7,201 $27.79 Direct F2
transaction TDS Option (Right to Buy) Options Exercise $193,778 -7,540 -100% $25.70 0 18 Aug 2025 Common Shares 7,540 $25.70 Direct F2
transaction TDS Option (Right to Buy) Options Exercise $219,494 -7,145 -100% $30.72 0 18 Aug 2025 Common Shares 7,145 $30.72 Direct F2
transaction TDS Option (Right to Buy) Options Exercise $213,689 -7,256 -100% $29.45 0 18 Aug 2025 Common Shares 7,256 $29.45 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting person sold Common Shares at an average price of $38.1576 of which the Common Shares were sold in multiple transactions at prices ranging from $37.7799 and $38.67. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
F2 Granted under the Long Term Incentive Plan. Stock options are exercisable.