TDS TELEPHONE & DATA SYSTEMS INC /DE/ Insider Trading

VP Controller Kroll sells entire 17.1K share position in TDS for $666.8K; 100% exit on stock near 52-week high.

Anita J Kroll, VP, Controller & CAO at Telephone & Data Systems Inc, sold 17,087 shares (her entire remaining stake) across two separate transactions on 2025-11-10 and 2025-11-11 at blended average price of $39.03, raising $666,825.52. The timing coincides with the stock at -2.5% from its 52-week high of $40.72, and her prior two sales at this ticker in August were both well-timed at the 90-day mark. The company's fundamentals show revenue contraction of -3.8% year-over-year and reported a net loss of $-81.8M in its most recent full fiscal year. A complete liquidation by a senior finance officer during unprofitable operations is a data point for investor review, particularly given her historical accuracy in exit timing at this security.

TDS SVP Hanley sells 68,759 shares at $38.16 ($2.6M); reduces holdings to 60,473 (-53.2%)

SVP Joseph Hanley sold 68,759 shares of Telephone & Data Systems for $2,623,678.42, reducing his holdings by 53.2% and leaving him with 60,473 shares post-transaction. The company is operating with significant headwinds: annual revenue has declined 3.8% year-over-year, the company was unprofitable over its most recent full fiscal year, and its current market cap stands at $1,949,120,611.20 against quarterly revenue of $1,186,000,000.00 with only $12,000,000.00 in net income. The sale occurred near the 52-week high ($40.31), with the stock currently at $39.10, suggesting the insider executed this transaction as the equity approached its recent ceiling. This substantial reduction in holdings by a senior executive responsible for strategy represents a material reduction in insider ownership at a time when the underlying business shows deteriorating fundamentals.

CFO Villacrez sold 26,334 shares (98.3% of holdings) at $39.02 on 2025-08-18, leaving just 454 shares post-transaction.

Villacrez, the Executive Vice President & CFO, executed a near-complete liquidation of her TDS position, divesting 26,334 shares for $1,027,476.31 and reducing her holdings from 26,788 shares to 454 shares. This transaction follows two prior sales at TDS within three trading days (2025-08-15 and 2025-08-13), establishing a rapid sequence of exit activity by a senior finance officer. The company's financial backdrop is materially weak: it reported negative full-year net income despite $1.2B in quarterly revenue, and annual revenue contracted 3.8% year-over-year, making the CFO's aggressive exit from equity holdings particularly notable. The stock's position near its 52-week high ($40.31) at the time of sale ($39.02, -3.0% from peak) leaves no clear valuation anchor, but the pattern of concentrated selling by the CFO over consecutive days warrants investor attention to underlying financial stress or strategic repositioning at the company level.

CFO Villacrez sells 132,330 shares for $5.1M, reducing stake 83.2%; company unprofitable in latest full year

Vicki L Villacrez, Executive Vice President & CFO, executed 2 separate sales totaling 132,330 shares for $5,126,218.13 over two consecutive trading days (August 13–15, 2025), reducing her shareholdings from 159,118 shares to 26,788 shares—a reduction of 83.2% of her pre-transaction holdings. The sales occurred at prices of $38.88 and $38.56, near the current price of $38.50 and within 4.5% of the 52-week high of $40.31. The significance of this large equity exit is magnified by the underlying financial context: Telephone & Data Systems reported full-year net income that was negative, and the company has experienced annual revenue contraction of 3.8%. A CFO's substantial reduction in personal stake during a period of negative profitability may be noteworthy to investors monitoring insider positioning relative to company performance.

Vice Chair Carlson liquidates entire 111.8K share position for $4.3M as TDS reports full-year losses

Carlson Leroy T Jr, Vice Chair of TDS, completely exited his shareholding by selling 111,820 shares for $4,266,056.00 on 2025-08-12. This total liquidation (100.0% of pre-transaction holdings) occurs within a deteriorating financial context: the company was unprofitable over its most recent full fiscal year, revenue contracted -3.8% year-over-year, and the latest quarter shows modest net income of $12,000,000.00 against revenue of $1,186,000,000.00. The sale price of $38.15 is -3.7% below the 52-week high of $40.31, suggesting the executive chose to exit rather than hold for potential recovery or further appreciation. A complete position exit by a senior officer warrants investor scrutiny of the company's forward guidance and near-term operational trajectory.

VP Controller Kroll sells 29,847 shares (60.5% of holdings) at $39.02 avg; TDS unprofitable in full FY, revenue declined -3.8% YoY

Anita J Kroll, VP, Controller & CAO, executed 2 separate sales totaling 29,847 shares for $1,164,775.70, reducing her holdings from 49,339 shares to 19,492 shares—a reduction of 60.5%. The sales occurred at prices ($39.02 and $39.16) near the 52-week high of $40.31, with the stock currently at $38.82. Against this backdrop, the company reported a full-year net loss despite latest quarterly revenue of $1,186,000,000.00, and faced annual revenue decline of -3.8% (FY vs prior FY). A controller's material reduction in equity stake during a period of profitability challenges and revenue contraction warrants investor attention to whether management confidence has shifted.

President of subsidiary sold 41,992 shares (42.0K shares) at $38.63; zero holdings remaining.

Chambers Douglas W, President of a Subsidiary, executed a complete liquidation of his TDS holdings, selling 41,992 shares (42.0K shares) for $1,622,136.13 ($1.6M) at $38.63. The sale represents a -100.0% reduction in his holdings, leaving zero shares post-transaction. This is notable given the company's weak fundamentals: the firm posted a negative full-year net income and shows an annual revenue decline of -3.8% in the latest quarter reporting, with net income of $12.0M contrasted against a $1.2B revenue base. The insider's prior cross-ticker track record shows only 1 prior sell event, making this complete exit relatively rare in his activity pattern. With the stock trading -3.7% from its 52-week high and up 11.1% over 90 days, the timing occurs near recent strength, though the company's profitability headwinds and revenue contraction warrant investor attention to underlying operational trends.