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.
The SEC filings page for Telephone and Data Systems, Inc. (NYSE: TDS) provides access to the company’s regulatory disclosures as a U.S. public issuer. TDS files current reports on Form 8-K and other documents that describe material events affecting its telecommunications and wireless infrastructure businesses, including TDS Telecom and Array Digital Infrastructure, Inc.
In recent Forms 8-K, TDS has reported results of operations for specific quarters, amendments to credit agreements, the termination of certain bank and securitization facilities, and the completion of significant transactions. Filings describe, for example, the sale of Array’s wireless operations and select spectrum assets to T-Mobile, the entry into a long-term master license agreement for tower space, and subsequent spectrum sales to AT&T. Other filings outline credit agreement amendments that extend maturities, adjust leverage calculations and modify debt capacity.
Investors reviewing TDS filings can also see disclosures related to dividends and special dividends, share repurchase authorizations, and changes in financing arrangements. Array-related filings incorporated by reference provide additional detail on tower assets, spectrum transactions and note exchange offers. Together, these documents help explain how TDS structures its capital, manages liquidity and reports the financial impact of major corporate actions.
On Stock Titan, SEC filings are paired with AI-powered summaries that highlight key points from lengthy documents, helping users quickly understand items such as asset sales, credit facility changes, special dividends and quarterly results. Real-time updates from EDGAR, along with easy access to current reports and other filings, allow users to monitor how TDS discloses developments in its broadband, video, voice and wireless infrastructure businesses.
The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A reporting zero beneficial ownership in Telephone and Data Systems Inc. The filing states that, in accordance with SEC Release No. 34-39538 (January 12, 1998), Vanguard completed an internal realignment on January 12, 2026 and certain subsidiaries or business divisions will report beneficial ownership separately. The submission lists 0 shares owned and 0% of the class, with powers to vote and dispose recorded as 0.
Telephone and Data Systems (TDS) director Prudence E. Carlson reported an open-market sale of 5,811 common shares at $42.00 per share. The sale was made under a pre-arranged Rule 10b5-1 trading plan. After the transaction, she directly holds 305,556 common shares and has indirect beneficial interests in 1,634,941 common shares through a voting trust and a family partnership, indicating the sale represents a small portion of her overall exposure to TDS stock.
Telephone and Data Systems, Inc. adopted a 2026 executive bonus program that ties most payouts to company performance. The plan covers the TDS Vice Chair, all executive and senior vice presidents, and the President and CEO of TDS Telecom, but not the TDS President and CEO.
For most participants, 80% of the bonus is based on company performance and 20% on individual performance, with the company portion weighted between TDS Telecom (65%) and Array Digital Infrastructure, Inc. (35%). For the TDS Telecom President and CEO, the company portion is based only on TDS Telecom results. Awards are not legally owed until approved and paid, and employment through the payout date is required unless the compensation committee decides otherwise.
TDS also incorporates the Array 2026 Annual Incentive Plan, which governs the annual bonus for Array’s President and CEO, who is a named executive officer of TDS.
CARLSON LEROY T JR reported acquisition or exercise transactions in this Form 4 filing.
Telephone & Data Systems vice chair Leroy T. Carlson Jr. reported a compensation-related transaction involving deferred stock units. He received an award tied to 3,480 underlying common shares through deferred compensation, bringing his total deferred compensation position to 61,073 units after the transaction.
The footnote explains he deferred a portion of his bonus into TDS stock under the Long Term Incentive Plan and receives an employer match that vests over three years. A total of 58,745 units are vested, including 14,684 dividend equivalent units, indicating this is part of an ongoing compensation and deferral program rather than an open-market trade.
Telephone and Data Systems, Inc. (TDS) is soliciting proxies for its 2026 Annual Meeting on May 21, 2026 where shareholders will vote on director elections, ratification of PwC as auditors, a Charter Amendment to allow officer exculpation, and an advisory Say-on-Pay vote.
In 2025 TDS completed the sale of UScellular’s wireless business and select spectrum to T‑Mobile, closing on August 1, 2025, with final sales proceeds of $4.3 billion; given TDS’ 82% ownership, TDS received approximately $1.6 billion in dividend proceeds. Post‑sale, the former UScellular business rebranded as Array, which holds over 4,400 towers and other assets. TDS also reported fiber progress, exceeding one million marketable fiber service addresses in September 2025.
Telephone and Data Systems, Inc. reported that Joseph R. Hanley, its Senior Vice President – Strategy and Corporate Development, has notified the company of his intention to retire from employment. The retirement is expected to be effective on July 1, 2026, or on another date mutually agreed between Mr. Hanley and TDS.
Telephone and Data Systems (TDS) reported that executive Anthony J. Carlson acquired 1,033 Performance Share Units as part of an equity award. These units were originally granted on May 21, 2025 and are tied to three financial performance metrics.
Based on company performance as of December 31, 2025, the Compensation Human Resources Committee certified the metrics at 75.1%, which adjusted the award level. The certified performance share units are now time-based and will vest on December 31, 2027, and each unit represents the right to receive one common share plus accumulated quarterly dividend equivalents.
Telephone and Data Systems director and subsidiary president Kenneth S. Dixon reported an acquisition of 10,389 Performance Share Units tied to company stock. Each unit represents the right to receive one common share and has been accumulating quarterly dividend equivalents.
These units were originally granted on June 9, 2025, under a financial-based performance plan with a payout range from 0% to 150% of target. Based on company performance as of December 31, 2025, the Compensation Human Resources Committee certified achievement of the three key metrics at 75.1% on February 25, 2026, converting the award into time-based units that will vest on December 31, 2027.
Telephone & Data Systems (TDS) reported that executive Anita J. Kroll, VP, Controller & CAO, acquired performance share units on February 25, 2026. The Form 4 shows three performance-based awards of 1,375, 2,129, and 6,458 units, each representing the contingent right to receive one common share.
These units relate to grants originally made in 2023, 2024, and 2025, where payouts depend on three financial metrics. Certified performance levels range from 71.5% to 200%, and payouts can be adjusted between ranges such as 24%–168%, 0%–192%, and 0%–160% of target. Portions of these awards are now time-based and are scheduled to vest between May 17, 2026 and December 31, 2027, while remaining metrics continue to be measured through December 31, 2026 and December 31, 2027. The units accumulate quarterly dividend equivalents, which may be forfeited if minimum performance is not achieved.