Douglas W. Chambers - Mar 4, 2025 Form 4 Insider Report for UNITED STATES CELLULAR CORP (USM)

Role: EVP-CFO & Treasurer, Director
Signature: Julie D. Mathews, by power of atty
Stock symbol: USM
Transactions as of: Mar 4, 2025
Transactions value $: -$140,357
Form type: 4
Date filed: 3/6/2025, 04:19 PM
Previous filing: Mar 7, 2025
Next filing: Apr 7, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USM	Common Shares	Options Exercise		+6.91K	+14.07%		56K	Mar 4, 2025	Direct	F1
transaction	USM	Common Shares	Tax liability	-$140K	-2.21K	-3.95%	$63.51	53.8K	Mar 4, 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	USM	Restricted Stock Units	Options Exercise		-6.91K	-33.33%		13.8K	Mar 4, 2025	Common Shares	6.91K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 3, 2024, reporting person was granted Restricted Stock Units (RSUs) under the United States Cellular Corporation Long-Term Incentive Plan. RSUs vest one-third each year on the first, second and third anniversaries of the grant date. This transaction represents settlement of the first vesting.
F2	Shares withheld to pay for taxes.