Form 4: T-Mobile EVP Deeanne King Reports Acquisition of Performance-Based Restricted Stock Units

Deeanne King, EVP & Chief People Officer at T-Mobile US, Inc., reports the acquisition of performance-based restricted stock units (PRSUs) on April 1, 2025.

Summary

• Deeanne King, an Executive Vice President & Chief People Officer at T-Mobile US, Inc., filed a Form 4.
• The report details the acquisition of 10,677 shares of Common Stock on April 1, 2025, at a price of $0.
• These shares represent the minimum number of performance-based restricted stock units (PRSUs) awarded under the issuer's 2023 Incentive Award Plan, which is equal to 80% of the target grant.
• The PRSUs will vest in full on April 1, 2028, with the potential for additional restricted stock units based on performance metrics.
• Following the reported transaction, Ms. King beneficially owns 55,712.0908 shares of Common Stock directly.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of PRSUs indicates confidence in the company's future performance, and the performance-based vesting aligns management's interests with shareholders.

Positives

• The acquisition of PRSUs aligns Ms. King's interests with the long-term performance of T-Mobile.
• The performance-based vesting criteria incentivize Ms. King to drive company success.
• The reported transaction increases Ms. King's direct ownership in T-Mobile, demonstrating confidence in the company's future.

Risks

• The actual number of restricted stock units that will vest is dependent on the achievement of performance metrics, which introduces uncertainty.
• The value of the PRSUs is subject to the market price of T-Mobile's common stock, which can fluctuate.

Future Outlook

The number of restricted stock units that will ultimately vest depends on the achievement of certain performance metrics by April 1, 2028.

Industry Context

Equity compensation is a common practice in the telecommunications industry to align executive interests with shareholder value. Performance-based vesting is used to incentivize executives to achieve specific company goals.

Comparison to Industry Standards

• Many telecommunications companies, such as Verizon and AT&T, utilize similar performance-based equity compensation plans for their executives.
• The vesting schedules and performance metrics vary depending on the company's specific goals and industry benchmarks.
• The percentage of equity grants that are performance-based is often compared to industry averages to ensure competitiveness and alignment with shareholder interests.

Stakeholder Impact

• Shareholders may view the acquisition of PRSUs as a positive sign, as it aligns management's interests with the company's long-term success.
• Employees may be motivated by the performance-based vesting criteria, as it incentivizes the achievement of company goals.

Key Dates

Keywords

Form 4, T-Mobile, TMUS, Deeanne King, Performance-Based Restricted Stock Units, PRSUs, Incentive Award Plan, Beneficial Ownership, Executive Compensation