Form 4: TDS President and CEO Carlson Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Leroy T. Carlson Jr., President and CEO of Telephone & Data Systems Inc., reports changes in beneficial ownership of common shares due to deferred compensation payout and tax withholding.
Summary
- On January 6, 2025, Leroy T. Carlson Jr., President and CEO of Telephone & Data Systems Inc. (TDS), reported changes in his beneficial ownership of TDS common shares.
- These changes are due to the payout of a deferred bonus from the TDS Long-Term Incentive Plan, which was invested in phantom stock representing 14,602 Common Shares.
- Additionally, 3,936 common shares were withheld to settle taxes due in connection with the deferred compensation payout at a price of $33.26 per share.
- Following these transactions, Carlson directly owns 10,667 common shares and indirectly owns 473,113 shares by trust, 211,758 shares by trust, 78,943 shares by trust and 105,521.32 shares by his wife's trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing transactions related to executive compensation. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 01/06/2025 | Date of the reported transactions (deferred bonus payout and tax withholding). |
| 01/07/2025 | Date of signature by Julie D. Mathews, by power of attorney. |
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