Carlson Anthony J 4
4 · TELEPHONE & DATA SYSTEMS INC /DE/ · Filed Feb 27, 2026
Research Summary
AI-generated summary of this filing
TDS President Anthony J. Carlson Receives 1,033 Performance Share Award
What Happened
Anthony J. Carlson (President of Array; Trustee of the TDS Voting Trust) was granted 1,033 performance-based share units (derivative award) on 2026-02-25. The filing shows an award (code A) for 1,033 PSUs; no purchase price or immediate market value is reported because these are contingent/derivative awards, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-25; Form 4 filed 2026-02-27 (timely filing).
- Award: 1,033 performance share units (PSUs); price reported as N/A (derivative award).
- Origin: PSUs were originally granted May 21, 2025 and adjusted based on performance certification.
- Performance adjustment: Compensation & HR Committee certified achievement at 75.1% (based on company performance through 12/31/2025), producing the adjusted PSU count.
- Vesting: These performance-adjusted units are time-based and will vest on 2027-12-31.
- Dividends: PSUs have been accruing quarterly dividend equivalents.
- Shares owned after transaction: not specified in the supplied filing excerpt.
Context: Performance share units represent a contingent right to receive common shares if vesting conditions are met; they are compensation rather than an immediate purchase or sale and do not by themselves indicate insider buying or selling intent.
Insider Transaction Report
Form 4
Carlson Anthony J
President of ArrayOther
Transactions
- Award
Peformance Share Units
[F1]2026-02-25+1,033→ 1,033 total→ Common Shares (1,033 underlying)
Footnotes (1)
- [F1]On May 21, 2025, the reporting person was granted financial-based performance share units based on the performance of three key metrics and the payout could be increased to 150% of target or reduced to 0% on achievement of the key metrics. Based on company performance at December 31, 2025, on February 25, 2026 the Compensation Human Resources Committee certified the three metrics at 75.1%. The Performance Shares representing the three metrics are now certified and are adjusted for performance and are time-based and will vest on December 31, 2027. The performance share units have been accumulating quarterly dividend equivalents. Each performance share unit represents the contingent right to receive one common share.
Signature
Julie D Mathews, by power of atty|2026-02-27