CARLSON LEROY T JR 4

4 · TELEPHONE & DATA SYSTEMS INC /DE/ · Filed Aug 14, 2025

Form 4

Period: 2025-08-12

DirectorVice Chair

Transactions

Exercise/Conversion
Common Shares
2025-08-12$25.70/sh+18,320$470,824→ 387,693 total
Exercise/Conversion
Common Shares
2025-08-12$29.45/sh+53,800$1,584,410→ 441,493 total
Exercise/Conversion
Common Shares
2025-08-12$27.79/sh+39,700$1,103,263→ 481,193 total
Exercise/Conversion
Option (Right to Buy)
2025-08-12$25.70/sh−18,320$470,824→ 0 total
Exercise: $25.70Exp: 2028-05-22→ Common Shares (18,320 underlying)
Exercise/Conversion
Option (Right to Buy)
2025-08-12$29.45/sh−53,800$1,584,410→ 0 total
Exercise: $29.45Exp: 2026-08-15→ Common Shares (53,800 underlying)
Exercise/Conversion
Option (Right to Buy)
2025-08-12$27.79/sh−39,700$1,103,263→ 0 total
Exercise: $27.79Exp: 2027-05-24→ Common Shares (39,700 underlying)
Sale
Common Shares
2025-08-12$38.15/sh−111,820$4,266,056→ 369,373 total
Discretionary Transaction
Common Shares
2025-08-13$38.81/sh−23,299$904,234→ 0 total(indirect: By 401(k))

Holdings

Footnotes (3)

[F1]Reporting person sold Common Shares at an average price of $38.1511 of which the Common Shares were sold in multiple transactions at prices ranging from $37.705 and $38.78. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
[F2]Reporting person had an intra-plan transfer of funds between the TDS Common Stock fund and another plan fund in the TDS 401(k) plan. The number of shares held in the TDS 401(k) Common Stock funds fluctuates and was attributable to the price of the shares on 8/13/25.
[F3]Granted under the Long-Term Incentive Plan. Stock options were vested.

Documents

1 file