---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-23-000062"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:23:08.940199+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "medium"
source: SEC EDGAR
---

# TDS Board amends Bylaws to mandate expense advancement for directors and officers

## Summary
- Bylaw amendment adopted Oct 13, 2023, effective immediately.
- Article VIII revised to require mandatory advancement of actual and reasonable expenses for indemnifiable events.
- Applies to current and former directors and officers of TDS.
- No financial impact disclosed; routine governance update.

## SEC filing metadata
- accession: 0001051512-23-000062
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: medium
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000062/0001051512-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000062/tds-20231013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-23-000062
- JSON: https://secwatch.observer/filing/0001051512-23-000062.json
- Plain text: https://secwatch.observer/filing/0001051512-23-000062.txt

## Key facts
- Governance Changes
  TELEPHONE & DATA SYSTEMS INC /DE/: Amendment to Article VIII of the bylaws to provide for mandatory advancement of actual and reasonable expenses incurred by current and former directors and officers in the event of an indemnifiable event (effective 2023-10-13).
  - Change: bylaw amendment
  - Effective: 2023-10-13
  source text: On October 13, 2023, the Board of Directors of Telephone and Data Systems, Inc. (TDS) approved and adopted an amendment to the Amended and Restated Bylaws of TDS (the Bylaws), which became effective on such date. Article VIII of the Bylaws relating to indemnification and advancement of expenses was amended to, among other things, provide for the mandatory advancement of actual and reasonable expenses incurred by current and former directors and officers of TDS in the event of an indemnifiable event.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151223000062/0001051512-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.