T-Mobile (NASDAQ: TMUS) CAO reports tax withholding on RSU vesting
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 routine tax-related share disposition. On the vesting of restricted stock units, 36.525 shares of common stock were withheld to cover taxes at a value of $196.06 per share, which is not an open-market transaction. After this withholding, Drobac directly holds 36,148.639 shares of T-Mobile common stock. The filing notes that his holdings include shares acquired under the company’s Amended and Restated 2014 Employee Stock Purchase Plan.
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 | 36.525 | $196.06 | $7K |
Holdings After Transaction:
Common Stock — 36,148.639 shares (Direct, null)
Footnotes (1)
- Represents shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction. Includes acquisition of shares of common stock under the issuer's Amended and Restated 2014 Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 36.525 shares
Withholding value per share: $196.06 per share
Shares held after transaction: 36,148.639 shares
+1 more
4 metrics
Shares withheld for taxes
36.525 shares
Withheld on RSU vesting for tax payment
Withholding value per share
$196.06 per share
Value used for tax-withholding disposition
Shares held after transaction
36,148.639 shares
Direct T-Mobile common stock ownership after withholding
Tax withholding transactions
1 transaction, 36.525 shares
Summary of tax-withholding dispositions in this filing
Key Terms
restricted stock units, tax-withholding disposition, Amended and Restated 2014 Employee Stock Purchase Plan
3 terms
restricted stock units financial
"Represents shares withheld for payment of taxes on vesting of restricted stock units; not an open market transaction."
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Amended and Restated 2014 Employee Stock Purchase Plan financial
"Includes acquisition of shares of common stock under the issuer's Amended and Restated 2014 Employee Stock Purchase Plan."
FAQ
What did TMUS executive Daniel Drobac report in this Form 4 filing?
Daniel Drobac reported a tax-related share disposition. Specifically, 36.525 T-Mobile common shares were withheld to pay taxes upon vesting of restricted stock units, rather than being sold in the open market.
What role does the Employee Stock Purchase Plan play in Drobac’s TMUS holdings?
The filing notes that Drobac’s reported share balance includes shares acquired under T-Mobile’s Amended and Restated 2014 Employee Stock Purchase Plan, adding to his direct ownership beyond the restricted stock unit awards.