SEC Form 4 · accession 0000901731-26-000013
TELEPHONE & DATA SYSTEMS INC /DE/ · TDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leroy T Carlson Jr.
Officer — Vice Chair · Director
Period of report
Jun 11, 2026
Accepted (ET)
Jun 15, 2026 · 7:10 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001051512
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Jun 11, 2026 | M | 45,135 | $40.03 | A | 916,704 | D | |
| Common Shares | Jun 11, 2026 | F | 18,935 | $40.03 | D | 897,769 | D | |
| Common SharesF3 | holding | — | — | — | 312,242 | I | By trust | |
| Common | holding | — | — | — | 78,943 | I | By Trust | |
| Common Shares | holding | — | — | — | 40,978 | I | By Wife's Trust | |
| Common SharesF4 | holding | — | — | — | 1,813,229 | I | By Voting Trust | |
| Common Shares | holding | — | — | — | 37,543 | I | By Wife | |
| Common Shares | holding | — | — | — | 211,758 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jun 11, 2026 | M | 0 | D | — | — | Common Shares | 45,135 | 45,134 | D |
Explanation of responses
- F1Restricted stock units were awarded on June 11, 2024, pursuant to TDS' 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 second vesting. Each restricted stock unit ("RSU") represents the right to receive one common share.
- F2Shares withheld to pay taxes.
- F3Includes 312,242 Common Shares held through dividend reinvestment.
- F4Reporting person is a member of a voting trust which is record owner of these Common Shares and which files its holdings on a form 4. The shares reported are held by respective reporting person and their family members that have a pecuniary interest in such securities. Includes 693,751 Common Shares held by a family partnership of which reporting person is a general partner, of which 23,754 has been accumulated in dividend reinvestment. Reporting person also holds 30,538 Common Shares in the dividend reinvestment plan.