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NYSE: TDS TELEPHONE & DATA SYSTEMS INC /DE/ 8-K

TDS shareholders approve officer liability protections and re-elect all directors

Filed May 26, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

  • medium

    Shareholders approved amendments to limit officer liability for breaches of fiduciary duty, extending legal protections similar to those for directors. Officers remain liable for bad faith, intentional misconduct, or knowing violations of law.

  • low

    All twelve director nominees were elected, though Common Share nominee Christopher D. O'Leary received 36.2 million withhold votes (38.5% of votes cast), significantly higher than other nominees.

  • low

    Shareholders ratified PricewaterhouseCoopers LLP as independent auditor for 2026 with 99.5% approval and approved executive compensation with 94.7% support in advisory Say-on-Pay vote.

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Generated by AI · May 27, 2026 9:05 PM