OLeary Christopher D 4

What Happened
Christopher OLeary, a director of Telephone & Data Systems, Inc. (TDS), was granted 2,905 shares on 2026-05-21. The award is reported at $41.20 per share, for a total value of approximately $119,686. This transaction is coded as an award/grant (A) under the company’s compensation arrangements for non-employee directors — a compensation receipt rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-05-21; 2,905 shares at $41.20 each; total ~$119,686.
• Filing date: Form 4 filed 2026-05-26.
• Shares owned after transaction: not specified in the provided excerpt.
• Footnote: F1 — shares were acquired pursuant to a compensation plan for non-employee directors.
• Transaction code: A (award/grant/other acquisition).

Context
Grants to non-employee directors are common and typically part of regular board compensation (often to align director and shareholder interests). Such awards are routine and do not necessarily indicate the director’s personal market sentiment. If you track insider activity, purchases or sales funded personally are generally more informative about an insider’s view than routine awards.