T-Mobile (NASDAQ: TMUS) director gets 1,384 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Datar Srikant M. reported acquisition or exercise transactions in this Form 4 filing.
T-Mobile US, Inc. director Srikant M. Datar received an equity grant of 1,384 restricted stock units of common stock at no cost. These units were granted under the company’s 2023 Incentive Award Plan and vest in full on June 16, 2027, subject to the Director Compensation Program.
Following this award, Datar directly holds 2,422 shares of common stock. He also has indirect holdings reported as 8,200 shares through Datar Investment LLC, 11,724 shares through Safari LLC, and 10,843 shares through Legacycap LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Datar Srikant M.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,384 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,422 shares (Direct, null);
Common Stock — 10,843 shares (Indirect, By Legacycap LLC)
Footnotes (1)
- Represents restricted stock units granted under the Issuer's 2023 Incentive Award Plan; such units vest in full on June 16, 2027 (the one-year anniversary of the grant), subject to the terms of the Issuer's Director Compensation Program. The reporting person and his spouse, who owned these shares jointly, contributed them to a limited liability company ("Safari LLC") owned and managed by the reporting person and his spouse.
Key Figures
Restricted stock units granted: 1,384 units
Grant price per unit: $0.0000 per unit
Direct holdings after grant: 2,422 shares
+4 more
7 metrics
Restricted stock units granted
1,384 units
Grant of common stock RSUs to director on June 16, 2026
Grant price per unit
$0.0000 per unit
Equity award under 2023 Incentive Award Plan
Direct holdings after grant
2,422 shares
Total direct common stock owned following RSU award
Datar Investment LLC holdings
8,200 shares
Indirect common stock ownership via Datar Investment LLC
Safari LLC holdings
11,724 shares
Indirect common stock ownership via Safari LLC
Legacycap LLC holdings
10,843 shares
Indirect common stock ownership via Legacycap LLC
Vesting date
June 16, 2027
RSUs vest in full on this date
Key Terms
restricted stock units, 2023 Incentive Award Plan, Director Compensation Program, limited liability company
4 terms
restricted stock units financial
"Represents restricted stock units granted under the Issuer's 2023 Incentive Award Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2023 Incentive Award Plan financial
"Represents restricted stock units granted under the Issuer's 2023 Incentive Award Plan"
Director Compensation Program financial
"subject to the terms of the Issuer's Director Compensation Program"
limited liability company financial
"contributed them to a limited liability company ("Safari LLC") owned and managed"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
FAQ
What did T-Mobile (TMUS) director Srikant M. Datar report in this Form 4?
Director Srikant M. Datar reported receiving 1,384 restricted stock units of T-Mobile common stock. These were granted at no cost and increase his direct holdings to 2,422 shares, alongside several indirect holdings through limited liability companies.
When do Srikant M. Datar’s new T-Mobile (TMUS) restricted stock units vest?
The 1,384 restricted stock units vest in full on June 16, 2027. Vesting is subject to the terms of T-Mobile’s Director Compensation Program, meaning the units must satisfy those conditions before converting into freely owned common shares.
What indirect T-Mobile (TMUS) holdings does Srikant M. Datar report?
He reports indirect ownership of 8,200 shares through Datar Investment LLC, 11,724 shares through Safari LLC, and 10,843 shares through Legacycap LLC. These positions are held via entities, rather than directly in his own name, and are disclosed as indirect holdings.
Was Srikant M. Datar’s T-Mobile (TMUS) Form 4 transaction an open-market buy or sale?
No, the reported transaction is a grant or award of 1,384 restricted stock units. It is coded as an “A” transaction, indicating a compensation-related acquisition, not an open-market purchase or sale of T-Mobile shares on an exchange.