Kenneth S. Dixon (TDS) awarded 20,892 restricted stock units in equity compensation grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dixon Kenneth S.
Role
President & CEO, subsidiary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20,892 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 20,892 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 20,892 units
Grant price: $0.0000 per unit
Underlying shares: 20,892 common shares
+2 more
5 metrics
RSUs granted
20,892 units
Restricted stock units awarded on May 20, 2026
Grant price
$0.0000 per unit
Equity award, non-cash compensation
Underlying shares
20,892 common shares
Shares underlying the restricted stock units
Holdings after grant
20,892 RSUs
Total restricted stock units following transaction
Vesting schedule
1/3 per year over 3 years
On first, second, and third anniversaries of grant date
Key Terms
Restricted Stock Units, Long Term Incentive Plan, vest, Grant Date, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units awarded pursuant to TDS' Long Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long Term Incentive Plan financial
"Restricted stock units awarded pursuant to TDS' Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
vest financial
"One-third of the restricted stock units will vest on the first, second and third annual anniversaries"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Grant Date financial
"third annual anniversaries of the Grant Date."
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Kenneth S. Dixon report in the latest TDS (TDS) Form 4 filing?
Kenneth S. Dixon reported receiving 20,892 restricted stock units as compensation. The award relates to TDS common shares and was granted under the company’s Long Term Incentive Plan, increasing his directly held equity-based incentives.
How many TDS restricted stock units were granted to Kenneth S. Dixon?
Kenneth S. Dixon received 20,892 restricted stock units. Each unit represents a right to receive one TDS common share upon vesting, giving him additional long-term equity exposure tied to the company’s performance and continued service.
What are the vesting terms of Kenneth S. Dixon’s new TDS restricted stock units?
One-third of the 20,892 restricted stock units will vest on each of the first, second, and third anniversaries of the grant date. This three-year vesting schedule encourages retention and aligns Dixon’s incentives with longer-term shareholder value.
Was Kenneth S. Dixon’s TDS Form 4 transaction a market buy or sell?
The Form 4 shows a grant of restricted stock units, not a market trade. The transaction is coded as an acquisition (award) at zero price, reflecting equity-based compensation rather than an open-market purchase or sale of TDS shares.
What role does Kenneth S. Dixon hold at Telephone & Data Systems (TDS)?
Kenneth S. Dixon is listed as both a director and an officer, serving as President & CEO of a TDS subsidiary. The restricted stock unit grant forms part of his compensation package and links his pay to TDS common share performance.