---
schema_version: "secwatch.filing_event.v1"
accession: "0001051512-25-000014"
form_type: "8-K"
ticker: "TDS"
cik: "0001051512"
company_name: "TELEPHONE & DATA SYSTEMS INC /DE/"
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T17:44:07.154820+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# TDS adopts 2025 bonus plan and amends bylaws for Vice Chair role

## Summary
- 2025 bonus plan covers Vice Chair, EVP/SVP, TDS Telecom CEO; weights: 80% company performance (60% UScellular, 40% TDS Telecom) and 20% individual.
- Bylaw amendments grant Vice Chair LeRoy T. Carlson, Jr. authority to call special meetings, chair, and succeed President if absent.
- Amendments follow Jan 27 appointments: Walter C.D. Carlson as CEO, LeRoy T. Carlson, Jr. as Vice Chair, Christopher O'Leary as Lead Independent Director.
- Lead independent director may chair Board meetings if Chair, President, and Vice Chair are absent or unable to act.

## SEC filing metadata
- accession: 0001051512-25-000014
- form_type: 8-K
- ticker: TDS
- cik: 0001051512
- company_name: TELEPHONE & DATA SYSTEMS INC /DE/
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000014/0001051512-25-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000014/tds-20250312.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001051512-25-000014
- JSON: https://secwatch.observer/filing/0001051512-25-000014.json
- Plain text: https://secwatch.observer/filing/0001051512-25-000014.txt

## Key facts
- Governance Changes
  TELEPHONE & DATA SYSTEMS INC /DE/: Amended Bylaws to define Vice Chair officer role, succession to President, and lead independent director chairing authority (effective 2025-03-13).
  - Change: bylaw amendment
  - Effective: 2025-03-13
  source text: On March 13, 2025, the Board of Directors of TDS adopted amendments (the “Amendments”) to the Bylaws of TDS, as amended and restated as of January 24, 2025, which became effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1051512/000105151225000014/0001051512-25-000014-index.htm

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