Form 4: TDS Executive Joseph R. Hanley Reports Stock Transactions
SEC Form 4
Joseph R. Hanley, SVP-Strategy & Corp Dev at Telephone & Data Systems Inc, reports acquisition and disposal of common shares related to vesting of restricted stock units.
Summary
- Joseph R. Hanley, a Senior Vice President at Telephone & Data Systems Inc, filed a Form 4 detailing changes in beneficial ownership.
- On May 17, 2025, Hanley acquired 19,966 common shares through the vesting of restricted stock units and disposed of 8,845 shares to cover taxes at a price of $34.93.
- Following these transactions, Hanley directly owns 86,113 common shares.
- On May 18, 2025, Hanley acquired 19,033 common shares through the vesting of restricted stock units and disposed of 8,432 shares to cover taxes at a price of $34.93.
- Following these transactions, Hanley directly owns 96,714 common shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Restricted stock units were awarded on May 17, 2023, pursuant to the 2022 Long Term Incentive Plan. |
| 05/16/2025 | Previous trading day's close, May 16, 2025, was used to value the transaction. |
| 05/17/2025 | Transaction date: Acquisition of 19,966 common shares and disposal of 8,845 shares. |
| 05/18/2025 | Transaction date: Acquisition of 19,033 common shares and disposal of 8,432 shares. |
| 05/20/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Restricted Stock Units, TDS, Telephone & Data Systems Inc, Hanley, Vesting
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