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EdgarHawk

Chambers Douglas W

President of a Subsidiary

Director Officer
2 filings analyzed · 2 companies · Latest 2025-08-14

Companies

Company Buys Sells Direction
ARRAY DIGITAL INFRASTRUCTURE, INC. AD 0 1 Net selling
TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0 4 Net selling

Activity

August 2025
Sell
41,992 shares
$1,622,136
Significance 4/10

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.

Sell
93,300 shares
$7,069,341
Significance 7/10

Interim CEO Chambers sold 93,300 shares ($7.1M) at $75.77, reducing stake by 84.1% to 17,600 shares

Chambers Douglas W, serving as Interim President and CEO, conducted a substantial open-market sale of 93,300 shares at $75.77, netting $7,069,341.00. This transaction reduced his total holdings from 110,900 shares to 17,600 shares, representing an 84.1% reduction in his position. The company is currently trading at $77.01, modestly above the sale price, while fundamentals show revenue of $916,000,000.00 and net income of $31,000,000.00 in the latest quarter—but the company was unprofitable over its most recent full fiscal year, with annual revenue growth at -3.5%. The large reduction in equity stake by the interim CEO warrants investor scrutiny given the company's underlying profitability challenges and negative revenue growth trajectory.

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