T-Mobile (TMUS) Officer John Saw Discloses 40,026-Share Stake
Rhea-AI Filing Summary
T-Mobile US, Inc. (TMUS) Form 3 reports an initial beneficial ownership by John Saw, identified as President of Technology & CTO and a director/officer. The filing shows 40,026 shares of common stock held directly, which include 13,575 restricted stock units and 10,677 performance-based restricted stock units (the minimum award, equal to 80% of target). The PRSUs vest in full on April 1, 2028. No derivative securities are reported.
Positive
- Officer ownership disclosed: The reporting person holds 40,026 shares, aligning executive and shareholder interests
- Clear vesting detail: PRSUs vest in full on April 1, 2028, providing transparency on timing of ownership changes
- Disclosure of plan sources: Awards originate under the issuer's 2015 Plan and 2023 Plan, clarifying grant programs
Negative
- No derivatives reported: Table II shows no options, warrants, or other derivative securities, limiting insight into potential exercised upside
- Performance outcomes unspecified: Additional restricted units beyond the minimum depend on performance metrics that are not detailed in this filing
Insights
TL;DR: Officer/director reports 40,026 direct shares, including RSUs and time- and performance-based awards.
This Form 3 documents an initial ownership position by a senior technology officer who is also a director. The reported 40,026 common shares combine time-based restricted stock units (13,575) and a minimum grant of performance-based RSUs (10,677), with PRSUs vesting in full on April 1, 2028. The filing contains no derivative instruments. For governance review, the disclosure aligns with Section 16 reporting expectations and clarifies the nature and vesting timeline of equity awards.
TL;DR: Equity holdings are a mix of time-vested RSUs and performance-based RSUs, with defined vesting and minimum payout disclosed.
The schedule shows holdings tied to the issuer's 2015 and 2023 equity plans, specifying vesting conditions and that additional restricted units may be earned upon achievement of performance metrics. The explicit minimum PRSU amount equal to 80% of target is disclosed, and the full vest date for PRSUs provides clarity on potential future dilution timing.