{"schema_version":"secwatch.filing_event.v1","accession":"0001051512-25-000049","form_type":"8-K","ticker":"TDS","cik":"0001051512","company_name":"TELEPHONE & DATA SYSTEMS INC /DE/","filed_at":"2025-07-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.208264+00:00","generated_at":"2026-05-18T09:24:33.032989+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"TDS discloses separation terms for former TDS Telecom CEO Butman; $2M severance","bullets":["James Butman stepped down as TDS Telecom President/CEO on June 9, served as Senior Advisor through July 1, 2025.","Transition agreement provides $2,000,000 lump sum cash payment and title to company vehicle.","Butman also receives prorated 2025 target bonus of $343,710 under the Executive Officer Bonus Program.","Agreement includes post-termination confidentiality, non-disparagement, and cooperation covenants.","Butman executed the Transition Agreement on July 2, 2025; severance payable within 60 days."],"urls":{"canonical":"https://secwatch.observer/filing/0001051512-25-000049","json":"https://secwatch.observer/filing/0001051512-25-000049.json","markdown":"https://secwatch.observer/filing/0001051512-25-000049.md","text":"https://secwatch.observer/filing/0001051512-25-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1051512/000105151225000049/0001051512-25-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1051512/000105151225000049/tds-20250702.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T09:24:33.032989+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}