Telephone & Data Systems (NYSE: TDS) director reports 2,905-share grant and tax withholding
Rhea-AI Filing Summary
Telephone & Data Systems director Dirk S. Woessner reported a grant of 2,905 common shares at $41.20 per share on May 21, 2026. On the same date, 228 shares were disposed in a tax-withholding transaction. After these transactions, he directly holds 15,244 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,677 shares
Net Buy
2 txns
Insider
Woessner Dirk S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 2,905 | $41.20 | $120K |
| Exercise Price or Tax Liability | Common Shares | 228 | $41.20 | $9K |
Holdings After Transaction:
Common Shares — 15,244 shares (Direct)
Footnotes (2)
- F1. Shares acquired pursuant to compensation plan for non-employee directors
- F2. Shares withheld to pay taxes.
Key Figures
Shares granted: 2,905 common shares
Grant price: $41.20 per share
Tax-withheld shares: 228 common shares
+2 more
5 metrics
Shares granted
2,905 common shares
Grant, award, or other acquisition on May 21, 2026
Grant price
$41.20 per share
Price for 2,905 common shares acquired on May 21, 2026
Tax-withheld shares
228 common shares
Tax-withholding disposition on May 21, 2026
Tax-withholding price
$41.20 per share
Price applied to 228 shares disposed for tax withholding
Post-transaction holdings
15,244 common shares
Direct ownership of common shares after reported transactions
Key Terms
grant, award, or other acquisition, tax-withholding disposition, Rule 10b5-1, compensation plan for non-employee directors
4 terms
grant, award, or other acquisition financial
"Reported as a grant, award, or other acquisition of common shares"
tax-withholding disposition financial
"Described as a tax-withholding disposition of 228 common shares"
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.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked for these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
compensation plan for non-employee directors financial
"Shares acquired pursuant to compensation plan for non-employee directors"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did TDS director Dirk S. Woessner report?
Dirk S. Woessner reported a grant of 2,905 common shares of Telephone & Data Systems on May 21, 2026, at $41.20 per share, plus a related tax-withholding disposition of 228 shares on the same date.
Were Dirk S. Woessner’s TDS transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked, meaning these transactions were not reported as executed under a pre-arranged 10b5-1 trading plan. Footnotes instead reference director compensation and tax withholding.