Carlson Prudence E 4

What Happened Prudence E. Carlson, a director of Telephone & Data Systems, received a grant of 2,905 common shares (transaction code A) on May 21, 2026, at an acquisition price of $41.20 per share, for a total value of approximately $119,686. This was an award/acquisition under the company's non-employee director compensation program (footnote F1).

Key Details

• Transaction date and price: 2026-05-21 — 2,905 shares @ $41.20 each (total ~$119,686).
• Transaction type: A (award/grant under non-employee director compensation plan).
• Shares owned after transaction: The filing does not list a single total held post-grant. Footnotes disclose significant holdings: 693,751 common shares held by a family partnership of which 23,754 were accumulated via dividend reinvestment, 33,637 common shares held by the reporting person in the dividend reinvestment plan, and 49,851 common shares held through dividend reinvestment (see F2, F3).
• Footnotes: F1 = grant under non-employee director plan; F2/F3 = details on dividend reinvestment and family-partnership holdings/pecuniary interest.
• Filing timeliness: Form 4 was filed on May 26, 2026 for a May 21 transaction — this appears to be one business day late (Form 4 is normally due within two business days).

Context Director awards are a common form of compensation for non-employee directors and do not, by themselves, indicate the director’s view of the company’s near-term prospects. This filing simply reports the grant and related holding disclosures; it does not show any immediate sale or cashless exercise.