Welcome to our dedicated page for Telephone & Data Sys SEC filings (Ticker: TDS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Telephone and Data Systems Inc. filings document material events, governance matters, operating results, and capital-structure disclosures for a telecommunications holding company focused on TDS Telecom and Array Digital Infrastructure. Recent Form 8-K reports cover results of operations, material agreements, executive compensation arrangements, officer changes, and completed asset dispositions involving spectrum licenses.
Proxy filings describe board matters, shareholder voting, executive compensation, and related governance disclosures. TDS filings also address common and preferred share classes, depositary shares, credit agreement terms, subsidiary-level activity, and disclosures tied to broadband services, tower infrastructure, and remaining wireless assets.
Dixon Kenneth S. reported acquisition or exercise transactions in this Form 4 filing.
Telephone & Data Systems granted Kenneth S. Dixon, a director and President & CEO of a subsidiary, 20,892 restricted stock units tied to TDS common shares. These equity awards were made under TDS' Long Term Incentive Plan as part of his compensation.
According to the award terms, one-third of the restricted stock units will vest on each of the first, second, and third anniversaries of the grant date. After this grant, Dixon holds 20,892 restricted stock units directly, reflecting a routine, non-cash incentive meant to align his interests with shareholders over time.
Villacrez Vicki L reported acquisition or exercise transactions in this Form 4 filing.
Telephone & Data Systems (TDS) Executive Vice President & CFO Vicki L. Villacrez received a grant of 13,476 restricted stock units (RSUs). These RSUs, awarded at no cash cost under the TDS Long Term Incentive Plan, were granted on May 20, 2026.
The award covers 13,476 underlying common shares. One-third of the RSUs will vest on each of the first, second, and third anniversaries of the grant date, creating a three-year, time-based vesting schedule that links a portion of the CFO’s compensation to the company’s future performance and continued service.
CARLSON LEROY T JR reported acquisition or exercise transactions in this Form 4 filing.
Telephone & Data Systems, Inc. reported a new equity award to a senior executive. Vice Chair Leroy T. Carlson Jr. received a grant of 12,021 restricted stock units tied to common shares. These units were awarded under the TDS Long Term Incentive Plan at no cash cost to him.
According to the award terms, one-third of the restricted stock units will vest on each of the first, second and third anniversaries of the grant date, aligning his compensation with multi‑year company performance. Following this grant, he is reported as holding 12,021 restricted stock units directly.
CARLSON WALTER CD reported acquisition or exercise transactions in this Form 4 filing.
TELEPHONE & DATA SYSTEMS INC President and CEO Walter C.D. Carlson received a grant of 31,731 restricted stock units as part of his compensation. These units were awarded under the company’s Long Term Incentive Plan and represent an equivalent number of common shares.
According to the award terms, one-third of the restricted stock units will vest on each of the first, second, and third anniversaries of the grant date, creating a three-year vesting schedule. This is a non-cash, equity-based award and no open-market share purchases or sales were reported in this Form 4.
Telephone & Data Systems reported that VP, Controller & CAO Anita J. Kroll received a grant of 3,654 restricted stock units as equity compensation. These units convert into an equal number of common shares. One-third of the units will vest on each of the first, second, and third anniversaries of the grant date, encouraging multi-year retention and alignment with shareholders.
TELEPHONE & DATA SYSTEMS INC senior vice president of strategy and corporate development Joseph R. Hanley exercised stock options and settled related obligations in shares. He exercised options for a total of 20,171 common shares at exercise prices of $25.36 and $19.15 per share under the TDS Long-Term Incentive Plan. To cover the option strike cost and associated taxes, 14,689 shares were withheld at a price of $42.06 per share, as described in the footnotes, resulting in a net increase of 5,482 directly held common shares. Following these transactions, Hanley directly owns 112,145 common shares. The options exercised were originally granted in 2020 and 2021 and vested on the third anniversary of their grant dates.
Telephone & Data Systems Vice Chair Leroy T. Carlson Jr. reported equity award vesting and related share movements, not open-market trading. He exercised a total of 876,490 performance and restricted stock units into common shares at $40.5000 per share value, tied to long-term incentive grants from May 17, 2023.
To cover tax obligations on these vestings, 373,041 common shares were delivered back as a tax-withholding disposition, rather than sold on the market. The filing also details substantial indirect ownership in TDS common shares held through a voting trust, multiple family trusts, a family partnership, a dividend reinvestment plan, and shares held by his spouse and her trust.
Telephone & Data Systems (TDS) VP, Controller & CAO Anita J. Kroll reported compensation-related share activity. On May 17, 2026, she exercised 7,348 restricted stock units and 21,409 financial-based performance share units into common shares at a reference price of $40.50 per share.
To cover tax obligations on these vestings, a total of 10,425 common shares were withheld rather than sold on the open market. The footnotes explain that the performance share units were granted in 2023, measured over three years with dividend equivalents, and that this filing reflects their third and final metric certification and settlement.
Telephone & Data Systems (TDS) Executive Vice President & CFO Vicki L. Villacrez reported compensation-related equity activity in common shares.
She exercised derivative awards for 116,789 common shares, consisting of restricted stock units and performance share units granted in 2023, valued at $40.50 per share.
To cover tax obligations, 53,111 shares were disposed of through tax-withholding transactions, rather than open-market sales, leaving her with a continued direct equity stake in TDS.
Telephone & Data Systems (TDS) senior vice president Joseph R. Hanley exercised equity awards and used shares to cover taxes. On May 17, 2026, he converted previously granted restricted stock units and performance share units into a total of 78,157 common shares valued at $40.50 per share. The filing shows 31,967 shares were withheld to satisfy tax obligations, so these dispositions were not open‑market sales.