Form 4: U.S. Cellular CEO Laurent Therivel Reports Stock Transactions

Laurent Therivel, President and CEO of United States Cellular Corp, reports the vesting and subsequent disposal of shares to cover tax obligations.

Summary

• On March 4, 2025, Laurent Therivel, the President and CEO of United States Cellular Corporation, reported transactions involving common shares and Restricted Stock Units (RSUs).
• Therivel settled 22,917 Restricted Stock Units (RSUs) that vested on March 4, 2025, converting them into common shares.
• Following the vesting, Therivel directly owns 122,239 common shares.
• 10,153 shares were disposed of at a price of $63.51 to cover tax obligations related to the RSU vesting.
• After the transactions, Therivel directly owns 112,086 common shares and 45,834 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
• Vesting schedules and tax withholding practices are standard across publicly traded companies.
• Similar filings are regularly made by executives at companies like Verizon (VZ) and T-Mobile (TMUS).

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are part of standard executive compensation practices.
• The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates

Keywords

USM, United States Cellular Corp, Laurent Therivel, Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Options, Beneficial Ownership