Form 4: T-Mobile US EVP and General Counsel Nelson Mark Wolfe Sells Shares Under 10b5-1 Plan

Nelson Mark Wolfe, EVP and General Counsel of T-Mobile US, Inc., sold 42,769 shares of common stock at a price of $216.26 per share on October 16, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On October 16, 2024, Nelson Mark Wolfe, the EVP and General Counsel of T-Mobile US, Inc., sold 42,769 shares of common stock.
• The sale was executed at a price of $216.26 per share.
• Following the transaction, Wolfe beneficially owns 61,870.699 shares of T-Mobile US, Inc.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on February 21, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive under a pre-arranged plan.

Industry Context

Executive stock sales are a common occurrence and are often planned in advance, especially when executed under 10b5-1 trading plans. These plans allow insiders to sell shares at predetermined times and prices, avoiding accusations of trading on non-public information. The market typically views these sales in the context of the executive's overall holdings and the company's performance.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the pre-planned nature of the transaction.

Key Dates