X0609 4 2026-09-03 0 0001051512 TELEPHONE & DATA SYSTEMS INC /DE/ TDS 0000901731 CARLSON LEROY T JR false 30 N. LASALLE STREET, SUITE 4000 CHICAGO IL 60602 1 1 0 0 Vice Chair 0 Common Shares 2026-09-03 4 G 0 144599 0 D 253170 D Common Shares 2026-09-03 5 G 0 E 140000 0 A 140000 I By Wife Common Shares 2026-09-03 4 G 0 116374.122 0 D 1813360 I By Voting Trust Common Shares 2026-09-03 5 G 0 E 116374.122 0 A 1813360 I By Voting Trust Common Shares 2026-09-03 4 G 0 112407.01 0 D 1813360 I By Voting Trust Common Shares 2026-09-03 5 G 0 E 112407.01 0 A 1813360 I By Voting Trust Common Shares 2026-09-03 4 G 0 85149.928 0 D 0 I By 2024 Trust Common Shares 2026-09-03 5 G 0 E 85149.928 0 A 85149.928 I By Wife 2003 Trust Common Shares 500000 I By 2026 Trust Common Shares 78521.322 I By Wife 2026 Trust Common Shares 211758 I By Trust Series A Common Shares 2026-09-03 4 G 0 18279.878 0 D Common Shares 18279.878 0 I By Trust Series A Common Shares 2026-09-03 5 G 0 E 18279.878 0 A Common Shares 18279.878 18279.878 I By Wife 2003 Trust Series A Common Shares 2026-09-03 4 G 0 58993.462 0 D Common Shares 58993.462 1979295 I By Voting Trust Series A Common Shares 2026-09-03 5 G 0 E 58993.462 0 A Common Shares 58993.462 1979295 I By Voting Trust Series A Common Shares 2026-09-03 4 G 0 2108.804 0 D Common Shares 2108.804 1979295 I By Voting Trust Series A Common Shares 2026-09-03 5 G 0 E 2108.804 0 A Common Shares 2108.804 1979295 I By Voting Trust Series A Common Shares 2026-09-03 4 G 0 296.914 0 D Common Shares 296.914 0 I By Wife's Trust Series A Common Shares 2026-09-03 5 G 0 E 296.914 0 A Common Shares 296.914 296.914 I By 2003 Trust Series A Common Shares Common Shares 11424 11424 I By Trust Series A Common Shares Common Shares 12858.0467 12858.0467 I By Dynasty Trust Reporting person, in accordance with the provisions of a Grantor Retained Annuity Trust ("GRAT"), had shares of common stock distributed from GRAT to the reporting person as an annuity payment in accordance with the terms of the GRAT. The transfer is exempt from Section 16 pursuant to Rule 16a-13 under the Exchange Act. These figures reflect a transfer of 500,000 shares to a new GRAT. The transfer is exempt from Section 16 pursuant to Rule 16A-13 under the Exchange Act. These figures reflect a transfer of 78,521.322 shares to a new GRAT. The transfer is exempt from Section 16 pursuant to Rule 16A-13 under the Exchange Act. Reporting person is a member of the Voting Trust which separately files on Forms 4 for the issuer. The Common Shares reported are held by reporting person and his family members that have a pecuniary interest in such shares. Includes 693,778 Common Shares held by a family partnership of which reporting person is a general partner, of which 23,780 has been accumulated in dividend reinvestment. This number also includes Common Shares that the reporting person accumulates in the dividend reinvestment plan. Series A Common shares are convertible, on a share-for-share basis, into common shares. Reporting person is a member of the Voting Trust which separately files on Forms 4 for the issuer. The Series A shares reported are held by reporting person and his family members that have a pecuniary interest in such shares. Includes 756,363 Series A Shares held by a family partnership of which reporting person is a general partner, of which 28,075.6 has been accumulated in dividend reinvestment. This number also includes Series A Shares that the reporting person accumulates in the dividend reinvestment plan. John M. Toomey, by power of atty. 2026-09-08