Key facts
- This page summarizes Michael Irizarry's Form 4 filing for UNITED STATES CELLULAR CORP (USM).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 07 Apr 2025, 16:20.
Michael Irizarry - 03 Apr 2025 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)
- Reporting relationship
- EVP-CTO, Director
- Issuer ticker
- USM
- Reported as of
- 03 Apr 2025
- Net transaction value
- -$1,939,794
- SEC form
- 4
- Accepted by SEC
- 07 Apr 2025, 16:20:24 UTC
- Prior SEC filing
- 06 Mar 2025
- Next SEC filing
- 01 Aug 2025
- Source filing
- View source filing
- Reporting owner signature
- Julie D. Mathews, by power of atty
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Irizarry filed Form 4 for UNITED STATES CELLULAR CORP (USM) on 07 Apr 2025.
Change
- Previous filing in this sequence was filed on 06 Mar 2025.
- Current net transaction value: -$1,939,794.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
USM
transaction
Common Shares
Options Exercise
- Transaction value
- Shares
- +14,577
- Change %
- +25%
- Price
- Shares after
- 73,682
- Date
- 03 Apr 2025
- Ownership
- Direct
- Footnotes
- F1
USM
transaction
Common Shares
Tax liability
- Transaction value
- $443,729
- Shares
- -6,458
- Change %
- -8.8%
- Price
- $68.71
- Shares after
- 67,224
- Date
- 03 Apr 2025
- Ownership
- Direct
- Footnotes
- F2
USM
transaction
Common Shares
Options Exercise
- Transaction value
- Shares
- +27,419
- Change %
- +41%
- Price
- Shares after
- 94,643
- Date
- 04 Apr 2025
- Ownership
- Direct
- Footnotes
- F3
USM
transaction
Common Shares
Tax liability
- Transaction value
- $783,239
- Shares
- -12,147
- Change %
- -13%
- Price
- $64.48
- Shares after
- 82,496
- Date
- 04 Apr 2025
- Ownership
- Direct
- Footnotes
- F2
USM
transaction
Common Shares
Options Exercise
- Transaction value
- Shares
- +24,952
- Change %
- +30%
- Price
- Shares after
- 107,448
- Date
- 04 Apr 2025
- Ownership
- Direct
- Footnotes
- F4
USM
transaction
Common Shares
Tax liability
- Transaction value
- $712,826
- Shares
- -11,055
- Change %
- -10%
- Price
- $64.48
- Shares after
- 96,393
- Date
- 04 Apr 2025
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
USM
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -14,577
- Change %
- -50%
- Price
- Shares after
- 14,577
- Date
- 03 Apr 2025
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 14,577
- Exercise price
- Footnotes
- F1
USM
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -27,419
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 04 Apr 2025
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 27,419
- Exercise price
- $0.000000
- Footnotes
- F3
USM
transaction
Derivative
Performance Share Units
Options Exercise
- Transaction value
- Shares
- -24,952
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 04 Apr 2025
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 24,952
- 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 April 3, 2023, 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 second vesting.
Footnote F2
Shares withheld to pay for taxes
Footnote F3
On April 4, 2022, these restricted stock units were awarded under the United States Cellular Corporation Long-Term Incentive Plan. These restricted stock units vest on the third anniversary of the transaction date and are now vested.
Footnote F4
On April 4, 2022 reporting person was granted an award based on achievement of certain performance measures and, effective November 27, 2023, the award was adjusted by the Long-Term Incentive Compensation Committee (LTICC) to provide for a payout at no less than 75% of the target opportunity of such award. Based on company performance at December 31, 2024, the LTICC certified on February 19, 2025 that the reporting person was entitled to 91% of his target opportunity. Performance share units are now vested.