Form 4: TDS Director Dirk Woessner Trades Shares
Statement of Changes in Beneficial Ownership
Dirk Woessner, a Director at Telephone & Data Systems Inc., reported transactions involving the acquisition and withholding of common shares.
Summary
- Dirk S. Woessner, a Director at Telephone & Data Systems Inc. (TDS), reported transactions on May 21, 2026.
- Woessner acquired 2,905 common shares at a price of $41.20 per share, increasing his beneficial ownership.
- Additionally, 228 common shares were withheld to cover taxes, also at a price of $41.20 per share.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions related to compensation and tax obligations rather than significant strategic investment or divestment decisions.
Positives
- Director Dirk Woessner acquired 2,905 common shares, indicating continued investment or compensation in the company.
- The acquisition price of $41.20 per share suggests a market valuation at that time.
Negatives
- 228 shares were withheld for tax purposes, representing a reduction in the net shares acquired by the director.
Future Outlook
No specific forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the buying and selling activities of company directors and officers. These filings are crucial for investors seeking to understand insider sentiment and potential shifts in beneficial ownership within the telecommunications and data services sector.
Stakeholder Impact
- Shareholders: Increased transparency into director's holdings and transactions.
- Employees: Indirect impact through the compensation structure for non-employee directors.
- Management: Adherence to regulatory requirements for reporting beneficial ownership changes.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Date of earliest transaction reported. |
| 05/26/2026 | Date of signature on the filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Director Transactions, Telephone & Data Systems Inc., TDS, Common Shares, Beneficial Ownership
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