T-Mobile US CEO Michael Sievert Sells Over $14 Million in Company Stock

Executive Stock Transactions at T-Mobile US

Michael Sievert, the President and Chief Executive Officer of T-Mobile US TMUS, has executed a significant stock transaction, as documented in a recent filing with the U.S. Securities and Exchange Commission (SEC). On November 21, Sievert divested 96,500 shares of TMUS, a move that has drawn the attention of investors and market watchers alike.

Details on the TMUS Stock Sale

According to the SEC's Form 4 filing, the insider sell-off at T-Mobile US by Sievert resulted in a considerable exchange of equity. The accumulated value of the shares sold by Sievert is reported to be approximately $14.24 million. This recent transaction highlights the trading activities of high-level executives within the company, which can often serve as an indicator of a company's internal perspective on stock value and future performance.

About T-Mobile US, Inc.

T-Mobile US, Inc., recognized globally under the brand name T-Mobile, is a leading wireless network operator based in the United States. With corporate offices situated in Bellevue, Washington, as part of the Seattle metropolitan area, and another significant presence in Overland Park, Kansas, within the Kansas City metropolitan area, TMUS is a prominent player in the telecommunications sector. The company is known for innovating the standard in mobile communication services and expanding its network reach to serve a broad customer base.

T-Mobile, Insider, Sale