Form 4 for TDS TELEPHONE & DATA SYSTEMS INC /DE/
Accepted 2026-05-19 16:51:28 ET · period of report 2026-05-17 · accession 0001926297-26-000006 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2026-05-19 16:51 | 2026-05-17 | TDS | Villacrez Vicki L | EVP, CFO, Dir | M - OptEx | $40.50 | +116.8K | 78.2K | New | +$4.73M |
| DM | 2026-05-19 16:51 | 2026-05-17 | TDS | Villacrez Vicki L | EVP, CFO, Dir | F - Tax | $40.50 | -53.1K | 64.1K | -45% | -$2.15M |
| DM | 2026-05-19 16:51 | 2026-05-17 | TDS | Villacrez Vicki L | EVP, CFO, Dir | M - OptEx | $40.50 | -116.8K | 0 | -100% | -$4.73M |
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 | 2026-05-17 | M | A | 86,956 | $40.50 | 87,410 | D | — | — | (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. (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. (F2) The market was closed on vest date therefore the previous trading day's close, May 15, 2026, was used to value the transaction. |
| 2 | Common | Common Shares | 2026-05-17 | F | D | 39,089 | $40.50 | 48,321 | D | — | — | (F3) Shares withheld to pay taxes on May 17, 2026. (F2) The market was closed on vest date therefore the previous trading day's close, May 15, 2026, was used to value the transaction. |
| 3 | Common | Common Shares | 2026-05-17 | M | A | 29,833 | $40.50 | 78,154 | D | — | — | (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. (F2) The market was closed on vest date therefore the previous trading day's close, May 15, 2026, was used to value the transaction. (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. |
| 4 | Common | Common Shares | 2026-05-17 | F | D | 14,022 | $40.50 | 64,132 | D | — | — | (F3) Shares withheld to pay taxes on May 17, 2026. (F2) The market was closed on vest date therefore the previous trading day's close, May 15, 2026, was used to value the transaction. |
| 5 | Derivative | Performance Share Units | 2026-05-17 | M | D | 86,956 | $40.50 | 0 | D | — · — to — | 86,956 Common Shares | (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. (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. (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. |
| 6 | Derivative | Restricted Stock Units | 2026-05-17 | M | D | 29,833 | $40.50 | 0 | D | — · — to — | 29,833 Common Shares | (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. (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. (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. |