CARLSON LEROY T JR bought TDS
May 17, 2026 · Form 4 insider transaction
CARLSON LEROY T JR bought 713,344 shares of Telephone and Data Systems, Inc. at $40.50 per share, a transaction worth $28.89M. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On May 17, 2023, the reporting person was granted financial-based performance share units that would be measured over a three year time period. The performance share units have been accumulating quarterly dividend equivalents. The Compensation Human Resources Committee certified the third and final metric on February 25, 2026 and performance shares became adjusted for performance and time based. Each performance share unit represents the contingent right to receive one common share.; The market was closed on vest date therefore the previous trading day's close, May 15, 2026, was used to value the transaction.