Form 4 for TDS TELEPHONE & DATA SYSTEMS INC /DE/
Accepted 2025-08-14 00:00:00 ET · period of report 2025-08-12 · accession 0000901731-25-000006 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-08-14 | 2025-08-12 | TDS | CARLSON LEROY T JR | Vice COB, Dir | S - Sale+OE | $38.15 | -111.8K | 369.4K | -23% | -$4.27M |
| DM | 2025-08-14 | 2025-08-12 | TDS | CARLSON LEROY T JR | Vice COB, Dir | M - OptEx | $28.25 | +111.8K | 481.2K | +30% | +$3.16M |
| DI | 2025-08-14 | 2025-08-13 | TDS | CARLSON LEROY T JR | Vice COB, Dir | I - Discretionary | $38.81 | -23.3K | 0 | -100% | -$904.2K |
| DM | 2025-08-14 | 2025-08-12 | TDS | CARLSON LEROY T JR | Vice COB, Dir | M - OptEx | $28.25 | -111.8K | 0 | -100% | -$3.16M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2025-08-12 | S | D | 111,820 | $38.15 | 369,373 | D | — | — | (F1) Reporting person sold Common Shares at an average price of $38.1511 of which the Common Shares were sold in multiple transactions at prices ranging from $37.705 and $38.78. 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. |
| 2 | Common | Common Shares | 2025-08-12 | M | A | 18,320 | $25.70 | 387,693 | D By 401(k) | — | — | |
| 3 | Common | Common Shares | 2025-08-12 | M | A | 53,800 | $29.45 | 441,493 | D | — | — | |
| 4 | Common | Common Shares | 2025-08-12 | M | A | 39,700 | $27.79 | 481,193 | D | — | — | |
| 5 | Common | Common Shares | 2025-08-13 | I | D | 23,299 | $38.81 | 0 | I | — | — | (F2) Reporting person had an intra-plan transfer of funds between the TDS Common Stock fund and another plan fund in the TDS 401(k) plan. The number of shares held in the TDS 401(k) Common Stock funds fluctuates and was attributable to the price of the shares on 8/13/25. |
| 6 | Derivative | Option (Right to Buy) | 2025-08-12 | M | D | 39,700 | $27.79 | 0 | D | $27.79 · — to 2027-05-24 | 39,700 Common Shares | (F3) Granted under the Long-Term Incentive Plan. Stock options were vested. |
| 7 | Derivative | Option (Right to Buy) | 2025-08-12 | M | D | 18,320 | $25.70 | 0 | D | $25.70 · — to 2028-05-22 | 18,320 Common Shares | (F3) Granted under the Long-Term Incentive Plan. Stock options were vested. |
| 8 | Derivative | Option (Right to Buy) | 2025-08-12 | M | D | 53,800 | $29.45 | 0 | D | $29.45 · — to 2026-08-15 | 53,800 Common Shares | (F3) Granted under the Long-Term Incentive Plan. Stock options were vested. |