Form 4: Deutsche Telekom and Subsidiaries Report Over 200,000 T-Mobile Share Sales Under Pre-Arranged Trading Plan

Deutsche Telekom AG and its wholly-owned subsidiaries reported the sale of 205,520 shares of T-Mobile US, Inc. common stock in mid-June 2025, executed under a pre-established 10b5-1 trading plan.

Summary

• Deutsche Telekom AG, T-Mobile Global Holding GmbH, T-Mobile Global Zwischenholding GmbH, and Deutsche Telekom Holding B.V. collectively reported the sale of T-Mobile US, Inc. common stock.
• A total of 205,520 shares were sold across multiple transactions between June 12, 2025, and June 16, 2025.
• The sales were executed at weighted average prices ranging from $227.3083 to $231.0302 per share.
• These transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted on March 13, 2025.
• Following these transactions, the reporting persons beneficially own 588,274,099 shares of T-Mobile US, Inc. common stock.
• The reporting persons are identified as both Directors (by deputization) and 10% Owners of T-Mobile US, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While insider sales can sometimes be perceived negatively, these transactions were conducted under a pre-arranged 10b5-1 plan, which mitigates the implication of a reactive sale based on new, negative information. It represents a planned divestment by a major shareholder.

Future Outlook

NA

Industry Context

This filing reflects a routine insider transaction by a major shareholder in the telecommunications sector, specifically T-Mobile US, Inc. Such sales, when conducted under a 10b5-1 plan, are typically pre-scheduled and do not necessarily indicate a change in the company's fundamental outlook or the industry's broader trends.

Related Party Transactions

• Deutsche Telekom AG and its wholly-owned subsidiaries (T-Mobile Global Holding GmbH, T-Mobile Global Zwischenholding GmbH, and Deutsche Telekom Holding B.V.) are 10% owners and have directors serving on the board of T-Mobile US, Inc. (director-by-deputization), making these share sales related-party transactions.

Stakeholder Impact

• Shareholders: The sale of 205,520 shares by a major owner could slightly increase the float and potentially exert minor downward pressure on the stock price, though the impact is limited given the pre-scheduled nature of the sales and the remaining large beneficial ownership.

Key Dates

Keywords

T-Mobile US, TMUS, Deutsche Telekom, SEC Form 4, Insider Trading, Share Sale, 10b5-1 Plan, Beneficial Ownership, Telecommunications