TDS VP settles RSUs, withholds shares for taxes
Telephone & Data Systems (TDS) vice president, controller and chief accounting officer Anita J. Kroll reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Telephone & Data Systems (TDS) vice president, controller and chief accounting officer Anita J. Kroll reported routine equity compensation activity. On June 11, 2026, 2,716 restricted stock units vested and were settled into an equal number of common shares under TDS' Long Term Incentive Plan. As part of this vesting, 1,277 common shares were withheld to pay taxes. After these transactions, Kroll directly owned 20,546 common shares.
Insider Trade Summary
0 shares exercised/converted
Exercise
3 txns
Insider
Kroll Anita J
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 0 | $0.00 | $0.00 |
| Exercise | Common Shares | 2,716 | $40.03 | $109K |
| Exercise Price or Tax Liability | Common Shares | 1,277 | $40.03 | $51K |
Holdings After Transaction:
Restricted Stock Units — 2,716 contracts (Direct);
Common Shares — 20,546 shares (Direct)
Footnotes (2)
- F1. Restricted stock units were awarded on June 11, 2024, pursuant to TDS' Long Term Incentive Plan. One-third of the restricted stock units will vest on the first, second and third annual anniversaries of the Grant Date. This transaction represents settlement of the second vesting. Each restricted stock unit ("RSU") represents the right to receive one common share.
- F2. Shares withheld to pay taxes.
Key Figures
Shares withheld for taxes: 1,277 shares at $40.03
RSUs vested and settled: 2,716 restricted stock units
Shares held after transactions: 20,546 common shares
+1 more
4 metrics
Shares withheld for taxes
1,277 shares at $40.03
Tax-withholding disposition on June 11, 2026
RSUs vested and settled
2,716 restricted stock units
Second vesting under Long Term Incentive Plan
Shares held after transactions
20,546 common shares
Direct ownership following June 11, 2026 activity
Transaction price reference
$40.03 per share
Price used for June 11, 2026 Form 4 entries
Key Terms
Restricted stock units, Long Term Incentive Plan, tax-withholding disposition, derivative security
4 terms
Restricted stock units financial
"Restricted stock units were awarded on June 11, 2024, pursuant to TDS' Long Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Long Term Incentive Plan financial
"Restricted stock units were awarded on June 11, 2024, pursuant to TDS' Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TDS executive Anita J. Kroll report on this Form 4?
Anita J. Kroll reported vesting of 2,716 restricted stock units into common shares and the withholding of 1,277 shares to cover taxes. These entries reflect equity compensation settlement rather than open-market buying or selling activity.
What do the 2,716 restricted stock units in the TDS filing represent?
The 2,716 restricted stock units represent equity awarded under TDS' Long Term Incentive Plan, granted June 11, 2024. Each RSU converts into one common share upon vesting, and this filing records settlement of the second vesting tranche of that award.
What is the significance of transaction codes M and F in the TDS Form 4?
Code M indicates exercise or conversion of a derivative security, here RSUs converting into common shares. Code F reflects shares disposed to pay taxes, meaning a tax-withholding disposition rather than an open-market sale of TDS stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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