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Telephone and Data Systems, Inc. (TDS) reported a proposed sale of 15,000 common shares under Rule 144 via Morgan Stanley Smith Barney LLC with an aggregate market value of $585,730.50. The filing shows the shares were acquired and are to be sold on 08/19/2025 through exercise of options under a registered plan, with payment in cash. The issuer鈥檚 outstanding common shares are listed as 108,000,000, so the planned sale represents a very small fraction of the outstanding equity. No other securities sales in the past three months were reported and the filer attests to lacking undisclosed material adverse information.

Letitia G. Carlson, a director of Telephone & Data Systems, Inc. (TDS), reported transactions on Form 4 dated 08/18/2025. The filing discloses a gift of 2,961 Series A Common Shares to her children and shows a reported disposition of 28,467.005 Series A Common Shares. The reporting person also reports indirect beneficial ownership of 2,100,359 Series A Common Shares through a Voting Trust for which she is one of four trustees. The filing states the gift to her children does not change her reported beneficial ownership and that 756,243 Series A Common Shares are held by a family partnership of which she is a general partner.

Carlson Prudence E, a director of Telephone & Data Systems Inc. (TDS), reported a sale of 4,452 common shares on 08/18/2025 at $38.50 per share. After the transaction the filing shows 311,005 shares held directly and 1,634,679 shares held indirectly through a voting trust.

The filing explains the reporting person is one of four trustees of the voting trust and that the reported holdings include shares owned by family members and a family partnership (including 693,677 shares held by that partnership). The form is signed by Julie D. Mathews by power of attorney.

Joseph R. Hanley, identified as SVP - Strategy & Corporate Development of Telephone and Data Systems Inc. (TDS), reported multiple transactions on 08/18/2025. The filing shows four option grants under the company Long Term Incentive Plan exercisable on future dates totaling 29,142 option rights at strike prices of $27.79, $25.70, $30.72 and $29.45. On the same date the reporting person sold 68,759 common shares at an average price of $38.1576, with sale prices ranging between $37.7799 and $38.67, leaving 60,473 shares owned after the sale. The report lists incremental acquisitions (code M) of common shares totaling 29,142 across multiple prices and shows resulting direct beneficial ownership figures after each transaction.

Insider sale disclosed: Vicki L. Villacrez, an Executive Vice President, Chief Financial Officer and director of Telephone and Data Systems Inc. (TDS), reported selling 26,334 common shares on 08/18/2025 at an average price of $39.0171 per share (individual trade prices ranged from $39.00 to $39.145). After the transactions, the reporting person beneficially owned 454 common shares. The Form 4 was signed by an attorney on behalf of the reporting person and states the filer will provide detailed trade-level information to the SEC, the issuer and any security holder on request.

Telephone and Data Systems Inc. (TDS) Form 144 notice shows a proposed sale of 26,334 common shares through Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $1,027,476.31 and an approximate sale date of 08/18/2025. The filer reports recent acquisitions by restricted stock vesting on 05/17/2025, 05/18/2025 and 06/11/2025 totaling 25,334 shares acquired for services rendered. The filing also documents insider sales during August 2025 totaling 132,330 shares sold on 08/13/2025 and 08/15/2025, with listed gross proceeds for each transaction. The notice includes the customary certification that the seller is not aware of undisclosed material adverse information.

Telephone and Data Systems Inc. (TDS) notice reports a proposed sale under Rule 144 of 68,759 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $2,623,676.18 and an approximate sale date of 08/18/2025 on the NYSE. The filing itemizes the acquisition history for the shares being sold: multiple tranches of restricted stock that vested between 02/10/2022 and 02/28/2025, plus an option exercise generating 29,142 shares with an acquisition date listed as the sale date 08/18/2025. Each restricted tranche is reported as compensation for services rendered, and one tranche shows payment by cash at exercise. The filer certifies they are unaware of any undisclosed material adverse information.

Picton Mahoney Asset Management filed a Schedule 13G/A reporting ownership of Depository Shares representing 6.625% Series UU preferred shares of Telephone and Data Systems, Inc. The filer beneficially owns 1,193,088 shares, equal to 7.1% of the class based on a stated 16.8 million outstanding shares as of July 31, 2025. The filing lists Picton Mahoney as a Canada-based investment fund manager with sole voting and dispositive power over the reported shares. The statement certifies the holdings were acquired in the ordinary course of business and not for the purpose of changing control.

Telephone and Data Systems, Inc. (TDS) reported a Form 144 notice for a proposed sale of 4,452 common shares valued at approximately $171,000. The shares were acquired as a stock bonus on 03/01/2021 from Prudence Carlson. The planned sale is routed through Merrill Lynch on the NYSE with an approximate sale date of 08/18/2025. The filing lists 108,000,000 shares outstanding, and indicates no sales by the same person in the past three months. The notice includes the required statement that the seller is not aware of undisclosed material adverse information about the issuer.