secwatch.observer — SEC 8-K summary
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Issuer:     TELEPHONE & DATA SYSTEMS INC /DE/ (TDS)
CIK:        0001051512
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0001051512-26-000020
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TDS approves 2026 executive bonus plan with 80% company performance weighting
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- Plan covers EVP, SVP, Vice Chair, and TDS Telecom President/CEO; excludes TDS President/CEO.
- 52% weight on TDS Telecom KPM attainment, 28% on Array KPM attainment.
- 20% individual performance with payout range 0%-160% of target.
- Awards require CHRC approval; no binding right until paid on or before March 15 following year.
- Array CEO's bonus determined under separate Array 2026 plan, incorporated by reference.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1051512/000105151226000020/0001051512-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1051512/000105151226000020/tds-20260318.htm
  HTML page:      https://secwatch.observer/filing/0001051512-26-000020

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