(TDS)

Reporting relationship: SVP-Strategy & Corp Dev
Issuer ticker: TDS
Reported as of: 17 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 May 2026, 16:50:32 UTC
Prior SEC filing: 27 Feb 2026
Next SEC filing: 20 May 2026
Source filing: View source filing
Reporting owner signature: John M. Toomey, by power of atty.

Key filing fact

Joseph R. Hanley filed Form 4 for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS) on 19 May 2026.

Key facts

This page summarizes Joseph R. Hanley's Form 4 filing for TELEPHONE & DATA SYSTEMS INC /DE/ (TDS).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 19 May 2026, 16:50.

Change

Previous filing in this sequence was filed on 27 Feb 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001298040 Primary reporting owner

Hanley Joseph R

Relationship: SVP-Strategy & Corp Dev
Address: 30 N. LASALLE STREET, SUITE 4000, CHICAGO
Signature: John M. Toomey, by power of atty.
Signature date: 19 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TDS transaction

Common Shares

Options Exercise

Transaction value
Shares: +58,191
Change %: +96%
Price: $40.50^*
Shares after: 118,664
Date: 17 May 2026
Ownership: Direct
Footnotes: F1, F2

TDS transaction

Common Shares

Tax liability

Transaction value
Shares: -23,122
Change %: -19%
Price: $40.50^*
Shares after: 95,542
Date: 17 May 2026
Ownership: Direct
Footnotes: F2, F3

TDS transaction

Common Shares

Options Exercise

Transaction value
Shares: +19,966
Change %: +21%
Price: $40.50^*
Shares after: 115,508
Date: 17 May 2026
Ownership: Direct
Footnotes: F2, F4

TDS transaction

Common Shares

Tax liability

Transaction value
Shares: -8,845
Change %: -7.7%
Price: $40.50^*
Shares after: 106,663
Date: 17 May 2026
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TDS transaction Derivative

Performance Share Units

Options Exercise

Transaction value
Shares: -58,191
Change %: -100%
Price: $40.50^*
Shares after: 0
Date: 17 May 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 58,191
Exercise price
Footnotes: F1

TDS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -19,966
Change %: -100%
Price: $40.50^*
Shares after: 0
Date: 17 May 2026
Ownership: Direct
Underlying class: Common Shares
Underlying amount: 19,966
Exercise price
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

On May 17, 2023, the reporting person was granted financial-based performance share units that would be measured over a three year time period. The performance share units have been accumulating quarterly dividend equivalents. The Compensation Human Resources Committee certified the third and final metric on February 25, 2026 and performance shares became adjusted for performance and time based. Each performance share unit represents the contingent right to receive one common share.

Footnote F2

The market was closed on vest date therefore the previous trading day's close, May 15, 2026, was used to value the transaction.

Footnote F3

Shares withheld to pay taxes on May 17, 2026.

Footnote F4

Restricted stock units were awarded on May 17, 2023, 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 third and final vesting. Each restricted stock unit represents the contingent right to receive one common share.