Form 4: T-Mobile US Executive Callie R. Field Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Callie R. Field, President of Business Group at T-Mobile US, Inc., sold 5,844 shares of common stock at $168.44 per share on March 7, 2024, under a pre-arranged trading plan.
Summary
- On March 7, 2024, Callie R. Field, President of Business Group at T-Mobile US, Inc., sold 5,844 shares of common stock.
- The sale was executed at a price of $168.44 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 16, 2023.
- Following the transaction, Field directly owns 102,555 shares of T-Mobile US, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an executive stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock sales are a common occurrence and are often part of pre-planned diversification strategies or for personal financial management. The use of a 10b5-1 plan allows insiders to trade without being accused of acting on non-public information.
Stakeholder Impact
- The stock sale by an executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 2023/11/16 | Date of adoption of Rule 10b5-1 trading plan |
| 2024/03/07 | Date of transaction (stock sale) |
| 2024/03/11 | Date of signature on the Form 4 filing |
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