secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001051512-25-000014
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000014/0001051512-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151225000014/tds-20250312.htm
  HTML page:      https://secwatch.observer/filing/0001051512-25-000014

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