Welcome to our dedicated page for Telephone & Data Sys SEC filings (Ticker: TDS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Telephone and Data Systems runs wireless towers, builds rural fiber, and manages enterprise clouds—all of which translate into dense SEC disclosures on spectrum licenses, churn, and capital intensity. Finding the line where UScellular’s subscriber counts meet OneNeck’s managed-service margins can feel like hunting for a signal in a dead zone.
Stock Titan’s AI turns those thick documents into clear insights. Whether you need a TDS quarterly earnings report 10-Q filing summary or a red-flag alert on tower-sale clauses buried inside an 8-K, our platform delivers real-time updates from EDGAR and explanations written in plain English. Key investor questions are answered as you read—no scrolling through footnotes to track spectrum amortization or federal broadband subsidies.
- “Telephone and Data Systems insider trading Form 4 transactions” streamed the moment they post
- “TDS proxy statement executive compensation” with side-by-side pay ratios
- “Telephone and Data Systems annual report 10-K simplified” into bullet-point takeaways
- “TDS 8-K material events explained” so you see why the market moved
- “Understanding TDS SEC documents with AI” through interactive glossaries
You’ll also get concise TDS executive stock transactions Form 4 tables, a guided walkthrough of every Telephone and Data Systems earnings report filing analysis, and contextual notes on spectrum auction wins. From Telephone and Data Systems Form 4 insider transactions real-time to covenant details hidden in exhibits, every data point lives in one place—already decoded.
Telephone and Data Systems, Inc. (TDS) reported an insider ownership change on a Form 4. The reporting person, a trustee of the TDS Voting Trust, received a gift of 502 common shares on 11/18/2025. After this transaction, the insider directly holds 32,123 common shares and indirectly holds 71,251 common shares through the Voting Trust. The filing is made by one reporting person and reflects a non-cash transfer classified as a gift.
Telephone & Data Systems Inc. (TDS)11/18/2025, the insider transferred 4,016 common shares as a gift, coded "G" for gift. Following this transaction, the insider holds 365,357 common shares directly.
The insider also reports several indirect holdings in TDS common shares through trusts and a spouse, including 311,364 shares held by a trust, 40,978.32 shares by the spouse's trust, 37,543 shares by the spouse, and additional trust holdings of 78,943 and 211,758 shares. The filing reflects an ownership update rather than a market sale.
Telephone and Data Systems (TDS) officer (VP, Controller & CAO) reported open‑market sales of Common Shares. On 11/10/2025, the reporting person sold 16,217 shares at an average price of $39.0182. On 11/11/2025, they sold 870 shares at an average price of $39.1579. Following these transactions, the filing shows 0 shares directly owned.
The transactions are coded “S” for sales, and prices reflect multiple trades within stated ranges on each date.
Telephone and Data Systems (TDS) filed its Q3 2025 report highlighting a transformative divestiture and mixed operating trends. On August 1, Array Digital Infrastructure (82%-owned) closed the sale of its wireless operations and select spectrum to T-Mobile for $4,293.8 million after adjustments, including $2,628.8 million in cash and $1,665.0 million of debt assumed via exchange. An estimated $20.2 million purchase price true‑up is recorded. T-Mobile also received short‑term spectrum access at no cost for up to one year, generating $30.4 million of imputed lease income.
The new Master License Agreement boosted Array’s tower business: Q3 site rental revenue rose 79% to $45.8 million, lifting Array’s total revenue 83% to $47.1 million. Consolidated Adjusted EBITDA from continuing operations increased 53% to $168.7 million, though total operating revenues declined 6% to $308.5 million. TDS Telecom revenue fell 3% to $255.1 million as legacy services declined, while fiber expansion continued.
TDS repaid multiple term loans, while Array exchanged $1,680.1 million of notes and later carried $363.9 million of senior notes; Array borrowed $325.0 million under a new CoBank term loan. TDS repurchased 1,077,564 shares for $40.7 million. Shares outstanding as of September 30 were 108.0 million Common and 7.5 million Series A.
Telephone and Data Systems Inc. (TDS) Form 144 shows an insider sale notice for common stock. The filing reports a planned sale of 71,359 shares through Morgan Stanley Smith Barney on 08/28/2025, with an aggregate market value of $2,858,498.82. The shares to be sold were acquired the same day, 08/28/2025, by exercise of options under a registered plan and paid in cash. The filing also discloses that James W. Butman sold a total of 201,990 shares during 08/19/2025–08/27/2025, generating gross proceeds of approximately $7,950,838.98. The filer certifies no undisclosed material adverse information.
Telephone and Data Systems Inc. (TDS) Form 144 notifies the proposed sale of 84,882 common shares through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $3,370,256.79. The filing states these shares were acquired on 08/27/2025 by exercise of options under a registered plan and paid for in cash on the same date. The filer also reports six share sales by the same person in August 2025 totaling 117,108 shares for gross proceeds of $4,580,582.19. The notice includes the standard representation that the seller is not aware of unpublished material adverse information.
Form 144 notice for Telephone and Data Systems, Inc. (TDS): An insider sold common stock after exercising options under a registered plan. The filing shows 23,681 shares proposed for sale through Morgan Stanley Smith Barney with an aggregate market value of $928,034.71. The shares were acquired and are to be sold on 08/26/2025 with cash payment for the exercise.
The filing also discloses multiple recent open-market sales by the same person, James W. Butman, totaling 93,427 shares sold between 08/19/2025 and 08/25/2025 with combined gross proceeds reported across those sales. The number of shares to be sold represents a very small fraction of the company’s 108,000,000 outstanding shares. The filer certifies no undisclosed material adverse information.
Telephone and Data Systems Inc. (TDS) Form 144 notice reports a proposed sale of 15,475 common shares through Morgan Stanley Smith Barney with an aggregate market value of $603,876.28 and the issuer's outstanding shares listed as 180,000,000. The shares were acquired on 08/25/2025 by exercise of options under a registered plan and paid for in cash on the same date. The filing also discloses four recent sales by James W Butman on 08/19–08/22/2025 totaling 77,952 shares for combined gross proceeds of $3,019,670.20. The filer certifies no undisclosed material adverse information.
Form 144 notice for Telephone and Data Systems Inc. (TDS) shows a proposed sale of 10,520 common shares through Morgan Stanley Smith Barney (NYC) with an aggregate market value of $410,554.57, scheduled approximately on 08/22/2025. The filing states the shares were acquired on 08/22/2025 by exercise of options under a registered plan and paid in cash on that date. The filer, listed in recent transactions as James W Butman, reported sales of 26,470, 25,962, and 15,000 common shares on 08/21/2025, 08/20/2025, and 08/19/2025 respectively, generating gross proceeds of $1,036,324.32, $1,016,061.81, and $585,730.50. The filing does not provide the filer’s relationship to the issuer.