Form 4: United States Cellular Corp: Executive Vice President Kevin R. Lowell Reports Stock Transactions
SEC Form 4 Filing
Kevin R. Lowell, EVP and Chief People Officer of United States Cellular Corp, reports the vesting and subsequent tax withholding of restricted stock units.
Summary
- On March 4, 2025, Kevin R. Lowell, EVP and Chief People Officer of United States Cellular Corp, reported transactions involving common shares and restricted stock units (RSUs).
- 5,865 common shares were acquired through the vesting of RSUs granted on March 3, 2024, under the company's Long-Term Incentive Plan.
- 1,516 shares were disposed of at a price of $63.51 to cover tax obligations related to the RSU vesting.
- Following these transactions, Lowell directly owns 4,349 common shares and 11,730 restricted stock units.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but the vesting of RSUs is generally a positive aspect of executive compensation.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock-based awards, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan. |
| 03/04/2025 | Date of transaction: vesting of Restricted Stock Units and withholding of shares for taxes. |
| 03/06/2025 | Date of signature for the Form 4 filing. |
Keywords
USM, United States Cellular Corp, Kevin R. Lowell, Restricted Stock Units, RSU, Form 4, Executive Compensation, Stock Options, Insider Trading
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