Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
Each company listed discloses TDS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named TDS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Laurent Therivel | $590,698 | $0 | $7,076,400 | $0 | $653,230 | $284 | $992,421 | $9,313,033 |
| Former President and CEO of Array | ||||||||
| James Butman | 444,081 | 0 | 2,595,289 | 0 | 343,710 | 10,921 | 2,094,379 | 5,488,380 |
| Former President and CEO of TDS Telecom | ||||||||
| Walter Carlson | 735,579 | 939,900 | 3,084,325 | 0 | 0 | 0 | 7,740 | 4,767,544 |
| President and CEO of TDS | ||||||||
| Kenneth Dixon | 392,308 | 110,300 | 3,209,367 | 0 | 269,000 | 0 | 131,667 | 4,112,642 |
| President and CEO of TDS Telecom | ||||||||
| Vicki Villacrez | 689,730 | 625,800 | 1,594,163 | 0 | 385,700 | 807 | 92,928 | 3,389,128 |
| Executive Vice President and Chief Financial Officer of TDS | ||||||||
| Joseph Hanley | 548,127 | 347,000 | 981,036 | 0 | 219,000 | 738 | 102,091 | 2,197,992 |
| Senior Vice President, Strategy and Corporate Development of TDS | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Laurent Therivel | $9,313,033 | $7,656,948 | $10,860,109 | +1,656,085 |
| James Butman | 5,488,380 | 3,729,135 | 3,344,427 | +1,759,245 |
| Walter Carlson | 4,767,544 | — | — | — |
| Kenneth Dixon | 4,112,642 | — | — | — |
| Vicki Villacrez | 3,389,128 | 2,546,827 | 1,990,192 | +842,301 |
| Joseph Hanley | 2,197,992 | 1,668,358 | 1,542,671 | +529,634 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| James Butman | PSU | 2025-05-21 | 3,518 | 28,147 | — | 42,221 | $954,746 |
| James Butman | PSU | 2025-02-21 | — | — | — | — | 685,709 |
| James Butman | RSU | 2025-05-21 | — | — | 28,416 | — | 954,834 |
| Anthony J. M. Carlson | PSU | 2025-02-19 | — | — | — | — | 19,459 |
| Anthony J. M. Carlson | RSU | 2025-03-07 | — | — | 351 | — | 22,847 |
| Anthony J. M. Carlson | PSU | 2025-02-19 | — | — | — | — | 19,058 |
| Anthony J. M. Carlson | PSU | 2025-05-21 | 172 | 1,376 | — | 2,064 | 46,674 |
| Anthony J. M. Carlson | RSU | 2025-05-21 | — | — | 2,085 | — | 70,060 |
| LeRoy T. Carlson Jr. | RSU | 2025-03-07 | — | — | 1,170 | — | 41,433 |
| LeRoy T. Carlson Jr. | PSU | 2025-05-21 | 5,307 | 22,111 | — | 37,146 | 750,005 |
| LeRoy T. Carlson Jr. | PSU | 2025-02-21 | — | — | — | — | 4,261,503 |
| LeRoy T. Carlson Jr. | RSU | 2025-05-21 | — | — | 14,883 | — | 500,099 |
| Walter C. D. Carlson | PSU | 2025-05-21 | 12,736 | 53,066 | — | 89,151 | 1,799,999 |
| Walter C. D. Carlson | RSU | 2025-05-21 | — | — | 35,715 | — | 1,200,095 |
| Kenneth Dixon | PSU | 2025-06-09 | 1,729 | 13,833 | — | 20,750 | 492,178 |
| Kenneth Dixon | RSU | 2025-06-09 | — | — | 63,955 | — | 2,224,994 |
| Kenneth Dixon | RSU | 2025-06-09 | — | — | 13,959 | — | 492,195 |
| Joseph Hanley | RSU | 2025-05-21 | — | — | 9,795 | — | 329,132 |
| Joseph Hanley | PSU | 2025-05-21 | 2,328 | 9,702 | — | 16,299 | 329,092 |
| Joseph Hanley | PSU | 2025-02-21 | — | — | — | — | 322,812 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| James Butman | $954,834 | $1,640,455 | $0 | 63.2% |
| Anthony J. M. Carlson | 92,907 | 85,191 | 0 | 47.8% |
| LeRoy T. Carlson Jr. | 541,532 | 5,011,508 | 0 | 90.2% |
| Walter C. D. Carlson | 1,200,095 | 1,799,999 | 0 | 60.0% |
| Kenneth Dixon | 2,717,189 | 492,178 | 0 | 15.3% |
| Joseph Hanley | 329,132 | 651,904 | 0 | 66.5% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Carlson | RSU | 712,667 | — | $29,219,347 |
| Carlson | RSU | 215,114 | — | 8,819,674 |
| Vicki Villacrez | RSU | 191,216 | — | 7,839,856 |
| James Butman | RSU | 175,391 | — | 7,191,031 |
| Carlson | RSU | 173,536 | — | 7,114,976 |
| Carlson | RSU | 163,146 | — | 6,688,986 |
| Carlson | RSU | 90,269 | — | 3,701,029 |
| Kenneth Dixon | RSU | 88,335 | — | 3,621,735 |
| Vicki Villacrez | RSU | 86,874 | — | 3,561,834 |
| Carlson | RSU | 73,761 | — | 3,024,201 |
| James Butman | RSU | 69,084 | — | 2,832,444 |
| Kenneth Dixon | RSU | 63,955 | — | 2,622,155 |
| Joseph Hanley | RSU | 58,136 | — | 2,383,576 |
| James Butman | RSU | 57,362 | — | 2,351,842 |
| Carlson | PSU | 39,934 | — | 1,637,294 |
| Carlson | RSU | 38,046 | — | 1,559,886 |
| Carlson | RSU | 35,715 | — | 1,464,315 |
| James Butman | RSU | 34,662 | — | 1,421,142 |
| Vicki Villacrez | RSU | 29,833 | — | 1,223,153 |
| Vicki Villacrez | RSU | 26,066 | — | 1,068,706 |
| Vicki Villacrez | RSU | 20,340 | — | 833,940 |
| Joseph Hanley | RSU | 20,171 | — | 827,011 |
| Joseph Hanley | RSU | 19,966 | — | 818,606 |
| Vicki Villacrez | RSU | 16,434 | — | 673,794 |
| Carlson | RSU | 15,851 | — | 649,891 |
| Joseph Hanley | RSU | 15,534 | — | 636,894 |
| Carlson | RSU | 14,883 | — | 610,203 |
| James Butman | RSU | 14,283 | — | 585,603 |
| Kenneth Dixon | RSU | 13,959 | — | 572,319 |
| Joseph Hanley | RSU | 12,124 | — | 497,084 |
| Carlson | RSU | 9,813 | — | 486,786 |
| Vicki Villacrez | RSU | 11,669 | — | 478,429 |
| Carlson | PSU | 10,646 | — | 436,486 |
| Kenneth Dixon | RSU | 10,421 | — | 427,261 |
| Joseph Hanley | RSU | 9,795 | — | 401,595 |
| Vicki Villacrez | PSU | 9,264 | — | 379,824 |
| Joseph Hanley | RSU | 6,954 | — | 285,114 |
| Vicki Villacrez | PSU | 5,998 | — | 245,918 |
| Carlson | PSU | 4,435 | — | 181,835 |
| Joseph Hanley | PSU | 3,576 | — | 146,616 |
| Vicki Villacrez | PSU | 3,266 | — | 133,906 |
| Carlson | RSU | 2,419 | — | 129,707 |
| Carlson | RSU | 1,708 | — | 91,583 |
| Carlson | RSU | 2,085 | — | 85,485 |
| Joseph Hanley | PSU | 1,946 | — | 79,786 |
| Carlson | RSU | 1,632 | — | 66,925 |
| Carlson | RSU | 1,170 | — | 62,735 |
| Carlson | RSU | 1,016 | — | 54,478 |
| Carlson | RSU | 1,036 | — | 42,476 |
| Carlson | RSU | 379 | — | 20,322 |
| Carlson | Option | 104,390 | 25.36 | — |
| Carlson | Option | 77,100 | 19.15 | — |
| Carlson | Option | 33,624 | 30.72 | — |
| Joseph Hanley | Option | 7,748 | 25.36 | — |
| Joseph Hanley | Option | 12,423 | 19.15 | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-21 | 118,794,713 | 6,649,586 | 283,398 | 94.7% | Passed |
| 2025 | 2025-05-22 | 111,460,476 | 8,780,750 | 926,088 | 92.7% | Passed |
| 2023 | 2023-05-18 | 115,575,482 | 7,482,880 | 114,749 | 93.92% | Passed |
| 2022 | 2022-05-19 | 122,905,842 | 1,261,628 | 81,390 | 98.98% | Passed |
| 2021 | 2021-05-20 | 118,352,733 | 2,098,327 | 157,132 | 98.26% | Passed |
| 2020 | 2020-05-21 | 119,523,304 | 1,237,893 | 174,919 | 98.97% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-21 | 94.7%a |
| 2025 | 2025-05-22 | 92.7%b |
| 2023 | 2023-05-18 | 93.92%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Approved under the standard stated in the filing — “Will have the same effect as a vote against”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Christopher D. O'LearyIndependent · Lead Independent Director · Audit Committee · Compensation and Human Resources Committee · Corporate Governance and Nominating Committee · Technology Advisory Group Committee | $192,800 | $120,029 | — | — | $107 | $312,936 |
| Kenneth S. DixonEmployee director · Newly elected | 162,600 | 120,029 | — | — | 107 | 282,736 |
| Wade OostermanIndependent · Audit Committee · Compensation and Human Resources Committee | 154,750 | 120,029 | — | — | 107 | 274,886 |
| George W. OffIndependent · Audit Committee (Chair) | 153,000 | 120,029 | — | — | 107 | 273,136 |
| Dirk S. WoessnerIndependent · Compensation and Human Resources Committee | 131,500 | 120,034 | — | — | 107 | 251,641 |
| Prudence E. CarlsonIndependent | 111,000 | 120,029 | — | — | 107 | 231,136 |
| Letitia G. Carlson, M.DNot independent | 111,000 | 120,029 | — | — | 107 | 231,136 |
| LeRoy T. Carlson JrIndependent · Corporate Governance and Nominating Committee · Technology Advisory Group Committee (Chair) | 111,000 | 120,029 | — | — | 107 | 231,136 |
| Napoleon B. Rutledge JrIndependent · Audit Committee · Technology Advisory Group Committee | 134,250 | 56,564 | — | — | 116 | 190,930 |
| Walter C. D. CarlsonEmployee director · Board Chair · Corporate Governance and Nominating Committee (Chair) | 13,820 | 83,865 | — | — | 107 | 97,792 |
| Vicki L. VillacrezEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $110,000 |
|---|---|
| Annual equity retainer | $120,000 |
| Per board meeting fee | $1,750 |
| Committee chair fees (audit / comp / nom-gov) | 22,000 / 20,000 / 10,000 |
| Stock ownership guideline | they are subject to the stock ownership guidelines applicable to directors. See "Corporate Governance—Stock Ownership Guidelines" and "Security Ownership of Certain Beneficial Owners and Management". |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,275,720 |
| Equity awards (grant-date value) | $1,100,666 |
| All other compensation | $1,079 |
| Total cost of the board | $2,377,465 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Telephone & Data Systems names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Telephone & Data Systems.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | T-Mobile U.S. Inc. | 2025 | Srinivasan Gopalan | $861,539 | $27,114,078 | $0 | $3,623,603 | $35,439,421 |
| 2 | Comcast Corp. | 2025 | Brian Roberts | 2,600,962 | 23,473,076 | 0 | 8,583,175 | 35,148,413 |
| 3 | Verizon Communications, Inc. | 2025 | Daniel Schulman | 375,000 | 32,774,795 | 0 | 937,500 | 34,311,016 |
| 4 | AT&T, Inc. | 2025 | John Stankey | 2,400,000 | 19,500,012 | 0 | 6,272,000 | 29,906,872 |
| 5 | Lumen Technologies, Inc. | 2025 | Kate Johnson | 1,354,493 | 18,590,663 | 0 | 4,877,486 | 24,936,641 |
| 6 | American Tower Corp. | 2025 | Steven Vondran | 1,000,000 | 11,528,748 | 0 | 2,280,000 | 14,854,505 |
| 7 | ViaSat Inc. | 2026 | Mark Dankberg | 1,406,538 | 10,305,390 | 0 | 2,450,000 | 14,208,178 |
| 8 | Crown Castle International Corp. | 2025 | Christian Hillabrant | 269,231 | 12,147,036 | 0 | 823,522 | 14,154,801 |
| 9 | SBA Communications Corp. | 2025 | Brendan Cavanagh | 955,000 | 8,640,313 | 0 | 1,733,086 | 11,358,715 |
| 10 | Cable One, Inc. | 2025 | Julia Laulis | 945,000 | 8,566,881 | 0 | 526,932 | 10,159,056 |
| 11 | Telephone & Data Systems | 2025 | Laurent Therivel | 590,698 | 7,076,400 | 0 | 653,230 | 9,313,033 |
| 12 | Uniti Group, Inc. | 2025 | Kenneth Gunderman | 725,000 | 6,294,837 | 0 | 2,158,514 | 9,194,673 |
| 13 | Iridium Communications, Inc. | 2025 | Matthew Desch | 1,047,509 | 7,612,082 | 0 | 330,620 | 9,013,522 |
| 14 | EchoStar Corp. | 2024 | Hamid Akhavan | 2,471,168 | 4,360,528 | 0 | 2,000,000 | 8,927,865 |
| 15 | Harmonic, Inc. | 2025 | Nimrod Ben-Natan | 609,000 | 4,927,562 | 0 | 570,000 | 6,163,092 |
| 16 | IDT Corp. | 2025 | Shmuel Jonas | 495,000 | 0 | 300,003 | 0 | 1,479,253 |
| — | ATN International, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Consolidated Communications Holdings, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | WideOpenWest, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Frontier Communications Parent, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Telephone & Data Systems | not disclosed | not disclosed | not disclosed | not disclosed |
| American Tower Corp. | 114% | PSU 70 · RSU 30 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| AT&T, Inc. | 112% | PSU 75 · RSU 25 | Yes — Relative Total Stockholder Return (TSR) Payout Modifier | Frederic W. Cook & Co., Inc. (FW Cook) |
| ATN International, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Cable One, Inc. | not disclosed | PSU 60 · RSU 40 | not disclosed | Pearl Meyer & Partners, LLC |
| Comcast Corp. | 110% | PSU 100 | Yes — Relative TSR Modifier | Korn Ferry |
| Consolidated Communications Holdings, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Crown Castle International Corp. | 139.16% | PRSU 60 · RSU 40 | No | FW Cook |
| EchoStar Corp. | 80% | not disclosed | not disclosed | Compensia |
| Frontier Communications Parent, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Harmonic, Inc. | 95% | RSU 50 · PSU 50 | Yes — Total Stockholder Return (TSR) | Exequity |
| IDT Corp. | Bonuses ranged from 16.9% to 138% of base salary. Management recommended bonuses approximately 12.65% higher than Fiscal 2024 levels.% | not disclosed | not disclosed | not disclosed |
| Iridium Communications, Inc. | not disclosed | RSU 50 · PRSU 50 | not disclosed | ClearBridge Compensation Group LLC |
| Lumen Technologies, Inc. | 136.4% | PSU 60 · RSU 40 | No | Compensia Inc. |
| SBA Communications Corp. | 103.7% | PSU 60 · RSU 40 | Yes — Relative TSR | F.W. Cook & Co., Inc. |
| T-Mobile U.S. Inc. | 161% | PSU 50 · RSU 50 | Yes — Relative Total Shareholder Return (RTSR) | Mercer |
| Uniti Group, Inc. | 132% | PSU 50 · RSU 50 | Yes — Relative Total Shareholder Return (TSR) | Pearl Meyer |
| Verizon Communications, Inc. | 100% | PSU 60 · RSU 40 | Yes — relative total shareholder return (TSR) position compared with the companies in the S&P 100 | Meridian Compensation Partners, LLC |
| ViaSat Inc. | 121% | RSU 50 · PSU 25 · Cash LTI 25 | Yes — Relative Total Shareholder Return (TSR) vs. Russell 3000 Index | Compensia |
| WideOpenWest, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Laurent Therivel | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Summary Compensation Table” · page 46. As printed: 9,313,033. Filing ↗machine: r31 · c27 · span 898734–898744 |
| 2 | Section 01, James Butman | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Summary Compensation Table” · page 46. As printed: 5,488,380. Filing ↗machine: r35 · c27 · span 905098–905108 |
| 3 | Section 01, Walter Carlson | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Summary Compensation Table” · page 46. As printed: 4,767,544. Filing ↗machine: r3 · c27 · span 867038–867048 |
| 4 | Section 01, Kenneth Dixon | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Summary Compensation Table” · page 46. As printed: 4,112,642. Filing ↗machine: r18 · c27 · span 884856–884866 |
| 5 | Section 01, Vicki Villacrez | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Summary Compensation Table” · page 46. As printed: 3,389,128. Filing ↗machine: r11 · c27 · span 877032–877042 |
| 6 | Section 01, Joseph Hanley | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Summary Compensation Table” · page 46. As printed: 2,197,992. Filing ↗ |
| 7 | Section 03, James Butman PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1076219–1076227 |
| 8 | Section 03, James Butman PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1077170–1077178 |
| 9 | Section 03, James Butman RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 10 | Section 03, Anthony J. M. Carlson PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1046806–1046813 |
| 11 | Section 03, Anthony J. M. Carlson RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 12 | Section 03, Anthony J. M. Carlson PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1048005–1048012 |
| 13 | Section 03, Anthony J. M. Carlson PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1045607–1045614 |
| 14 | Section 03, Anthony J. M. Carlson RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1043582–1043589 |
| 15 | Section 03, LeRoy T. Carlson Jr. RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1019983–1019990 |
| 16 | Section 03, LeRoy T. Carlson Jr. PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1021687–1021695 |
| 17 | Section 03, LeRoy T. Carlson Jr. PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1022638–1022648 |
| 18 | Section 03, LeRoy T. Carlson Jr. RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 19 | Section 03, Walter C. D. Carlson PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1012896–1012906 |
| 20 | Section 03, Walter C. D. Carlson RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1010863–1010873 |
| 21 | Section 03, Kenneth Dixon PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1036749–1036757 |
| 22 | Section 03, Kenneth Dixon RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1035043–1035053 |
| 23 | Section 03, Kenneth Dixon RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 24 | Section 03, Joseph Hanley RSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗ |
| 25 | Section 03, Joseph Hanley PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1053179–1053187 |
| 26 | Section 03, Joseph Hanley PSU | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: span 1054130–1054138 |
| 27 | Section 08, Christopher D. O'Leary | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 312,936. Filing ↗ |
| 28 | Section 08, Kenneth S. Dixon | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 282,736. Filing ↗ |
| 29 | Section 08, Wade Oosterman | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 274,886. Filing ↗ |
| 30 | Section 08, George W. Off | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 273,136. Filing ↗ |
| 31 | Section 08, Dirk S. Woessner | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 251,641. Filing ↗ |
| 32 | Section 08, Prudence E. Carlson | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 231,136. Filing ↗ |
| 33 | Section 08, Letitia G. Carlson, M.D | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 231,136. Filing ↗ |
| 34 | Section 08, LeRoy T. Carlson Jr | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 231,136. Filing ↗ |
| 35 | Section 08, Napoleon B. Rutledge Jr | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 190,930. Filing ↗ |
| 36 | Section 08, Walter C. D. Carlson | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 97,792. Filing ↗ |
| 37 | Section 08, Vicki L. Villacrez | DEF 14A | 2026-04-08 | 0001051512-26-000024 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 38 | Section 06, 2026 vote | Form 8-K | 2026-05-26 | 0001051512-26-000049 | Item 5.07 · say-on-pay result. As reported: 94.7% (votes for as printed: 118,794,713). Filing ↗ |
| 39 | Section 06, 2025 vote | Form 8-K | 2025-05-23 | 0001051512-25-000035 | Item 5.07 · say-on-pay result. As reported: 92.7% (votes for as printed: 111,460,476). Filing ↗ |
| 40 | Section 06, 2023 vote | Form 8-K | 2023-05-19 | 0001051512-23-000035 | Item 5.07 · say-on-pay result. As reported: 93.92% (votes for as printed: 115,575,482). Filing ↗ |
| 41 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 42 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 43 | Section 09b board cost (computed) | Computed | — | computed | Cash 1,275,720 + equity 1,100,666 + all other 1,079 = 2,377,465, summed across the director compensation table rows.machine: formula: Σ = 2,377,465 |
| 44 | T-Mobile U.S. Inc., Section 10b CEO total | DEF 14A | 2026-04-27 | 0001193125-26-181884 | CEO total compensation as printed in T-Mobile U.S. Inc.'s own proxy. As printed: 35,439,421. Filing ↗machine: r3 · c39 · span 1020453–1020463 |
| 45 | Comcast Corp., Section 10b CEO total | DEF 14A | 2026-04-24 | 0001193125-26-177138 | CEO total compensation as printed in Comcast Corp.'s own proxy. As printed: 35,148,413. Filing ↗machine: r4 · c25 · span 1522252–1522262 |
| 46 | Verizon Communications, Inc., Section 10b CEO total | DEF 14A | 2026-04-06 | 0001308179-26-000210 | CEO total compensation as printed in Verizon Communications, Inc.'s own proxy. As printed: 34,311,016. Filing ↗machine: t26 · r1 · c16 · span 239072–239082 |
| 47 | AT&T, Inc., Section 10b CEO total | DEF 14A | 2026-03-23 | 0001193125-26-119888 | CEO total compensation as printed in AT&T, Inc.'s own proxy. As printed: 29,906,872. Filing ↗machine: t295 · r3 · c35 · span 1189292–1189302 |
| 48 | Lumen Technologies, Inc., Section 10b CEO total | DEF 14A | 2026-04-06 | 0000018926-26-000024 | CEO total compensation as printed in Lumen Technologies, Inc.'s own proxy. As printed: 24,936,641. Filing ↗machine: span 2063603–2063613 |
| 49 | American Tower Corp., Section 10b CEO total | DEF 14A | 2026-04-08 | 0001053507-26-000088 | CEO total compensation as printed in American Tower Corp.'s own proxy. As printed: 14,854,505. Filing ↗machine: span 1362503–1362513 |
| 50 | ViaSat Inc., Section 10b CEO total | DEF 14A | 2026-07-27 | 0001193125-26-318060 | CEO total compensation as printed in ViaSat Inc.'s own proxy. As printed: 14,208,178. Filing ↗machine: r2 · c39 · span 764367–764377 |
| 51 | Crown Castle International Corp., Section 10b CEO total | DEF 14A | 2026-04-06 | 0001051470-26-000039 | CEO total compensation as printed in Crown Castle International Corp.'s own proxy. As printed: 14,154,801. Filing ↗machine: r3 · c42 · span 809142–809152 |
| 52 | SBA Communications Corp., Section 10b CEO total | DEF 14A | 2026-04-09 | 0001193125-26-149656 | CEO total compensation as printed in SBA Communications Corp.'s own proxy. As printed: 11,358,715. Filing ↗machine: r3 · c23 · span 1023490–1023500 |
| 53 | Cable One, Inc., Section 10b CEO total | DEF 14A | 2026-04-07 | 0001632127-26-000015 | CEO total compensation as printed in Cable One, Inc.'s own proxy. As printed: 10,159,056. Filing ↗machine: r2 · c48 · span 888077–888087 |
| 54 | Telephone & Data Systems (subject), Section 10b CEO total | DEF 14A | 2026-04-08 | 0001051512-26-000024 | CEO total compensation as printed in Telephone & Data Systems's own proxy. As printed: 9,313,033. Filing ↗machine: r31 · c27 · span 898734–898744 |
| 55 | Uniti Group, Inc., Section 10b CEO total | DEF 14A | 2026-04-21 | 0001104659-26-045735 | CEO total compensation as printed in Uniti Group, Inc.'s own proxy. As printed: 9,194,673. Filing ↗machine: r1 · c54 · span 914734–914743 |
| 56 | Iridium Communications, Inc., Section 10b CEO total | DEF 14A | 2026-04-02 | 0001418819-26-000022 | CEO total compensation as printed in Iridium Communications, Inc.'s own proxy. As printed: 9,013,522. Filing ↗machine: r3 · c39 · span 888227–888236 |
| 57 | EchoStar Corp., Section 10b CEO total | DEF 14A | 2025-03-21 | 0001558370-25-003470 | CEO total compensation as printed in EchoStar Corp.'s own proxy. As printed: 8,927,865. Filing ↗machine: t78 · r8 · c26 · span 969852–969861 |
| 58 | Harmonic, Inc., Section 10b CEO total | DEF 14A | 2026-04-24 | 0001140361-26-016701 | CEO total compensation as printed in Harmonic, Inc.'s own proxy. As printed: 6,163,092. Filing ↗machine: t189 · r3 · c19 · span 1385331–1385341 |
| 59 | IDT Corp., Section 10b CEO total | DEF 14A | 2025-10-30 | 0001493152-25-020225 | CEO total compensation as printed in IDT Corp.'s own proxy. As printed: 1,479,253. Filing ↗machine: r16 · c27 · span 526242–526251 |
| 60 | Section 10a, Verizon Communications, Inc. reciprocity | DEF 14A | — | 0001308179-26-000210 | Verizon Communications, Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 61 | Section 10a, Iridium Communications, Inc. reciprocity | DEF 14A | — | 0001418819-26-000022 | Iridium Communications, Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 62 | Section 10a, Lumen Technologies, Inc. reciprocity | DEF 14A | — | 0000018926-26-000024 | Lumen Technologies, Inc. names Telephone & Data Systems in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 63 | Section 10a, SBA Communications Corp. reciprocity | DEF 14A | — | 0001193125-26-149656 | SBA Communications Corp.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 64 | Section 10a, T-Mobile U.S. Inc. reciprocity | DEF 14A | — | 0001193125-26-181884 | T-Mobile U.S. Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 65 | Section 10a, AT&T, Inc. reciprocity | DEF 14A | — | 0001193125-26-119888 | AT&T, Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 66 | Section 10a, Cable One, Inc. reciprocity | DEF 14A | — | 0001632127-26-000015 | Cable One, Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 67 | Section 10a, Comcast Corp. reciprocity | DEF 14A | — | 0001193125-26-177138 | Comcast Corp.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 68 | Section 10a, EchoStar Corp. reciprocity | DEF 14A | — | 0001104659-24-036703 | EchoStar Corp.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 69 | Section 10a, Uniti Group, Inc. reciprocity | DEF 14A | — | 0001104659-26-045735 | Uniti Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 70 | Section 10a, Harmonic, Inc. reciprocity | DEF 14A | — | 0001140361-26-016701 | Harmonic, Inc.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |
| 71 | Section 10a, American Tower Corp. reciprocity | DEF 14A | — | 0001053507-26-000088 | American Tower Corp.'s most recent proxy was read; its disclosed peer group does not include Telephone & Data Systems. Filing ↗ |