secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2023-03-21T23:59:59+00:00
Accession:  0001051512-23-000010
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

TDS approves 2023 Executive Officer Bonus Program with 80% quantitative metrics
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- Plan covers EVPs and SVPs except TDS President/CEO, plus TDS Telecom President/CEO.
- 80% weighting on quantitative company performance: 70% UScellular, 30% TDS Telecom.
- For TDS Telecom President/CEO, company performance based solely on TDS Telecom results.
- 20% weighting on individual performance.
- Approved by Compensation Committee on March 15, 2023; no specific targets disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151223000010/0001051512-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151223000010/tds-20230315.htm
  HTML page:      https://secwatch.observer/filing/0001051512-23-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer