T-Mobile (TMUS) CAO uses 388.871 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
T-Mobile US, Inc. executive Daniel James Drobac, the VP & Chief Accounting Officer, reported a tax-related share disposition tied to vesting equity. The filing shows 388.871 shares of common stock were withheld at $218.66 per share to cover taxes on restricted stock units, and it explicitly notes this was not an open market transaction. After this withholding, Drobac directly held 36,077.987 shares of T-Mobile common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drobac Daniel James
Role
VP & Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 388.871 | $218.66 | $85K |
Holdings After Transaction:
Common Stock — 36,077.987 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did T-Mobile (TMUS) report for Daniel James Drobac?
T-Mobile reported that Daniel James Drobac had 388.871 common shares withheld to cover taxes on vesting restricted stock units. The shares were valued at $218.66 each and this was a tax-withholding disposition, not an open market trade.
Was the TMUS insider transaction by Daniel Drobac an open market sale?
No, the transaction was not an open market sale. The filing states the 388.871 shares were withheld solely to pay taxes on vesting restricted stock units, meaning the company retained the shares instead of Drobac selling them to outside buyers.
What is Daniel James Drobac’s role at T-Mobile (TMUS) in this Form 4 filing?
Daniel James Drobac is identified as T-Mobile’s VP & Chief Accounting Officer. His Form 4 reports a tax-withholding disposition where shares were retained by the company upon restricted stock unit vesting to cover associated tax liabilities.
What does transaction code F mean in the T-Mobile (TMUS) Form 4 for Daniel Drobac?
Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 388.871 shares were withheld to cover taxes on vesting restricted stock units, which the filing clarifies was not an open market transaction or discretionary share sale.