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Insider Trends: 90-Days of Insider Buying at T-Mobile US Eased Back with Share Disposition

05/11/2021 14:19

06:10 PM EDT, 05/11/2021 (MT Newswires) -- G Michael Sievert, Director and President & CEO, sold 40,000 shares in T-Mobile US (TMUS) for $5,468,800 on May 10, 2021. Subsequent to the Form 4 filing with the SEC, Sievert owns 922,221 shares of company stock, with a market value, based on the prior-day closing price, of $125 million.

During the most recent 90-day period, previous to the date of this filing, there have been 39 insider transactions reported to the SEC for T-Mobile US. These transactions came from the activities of 8 individual insiders that resulted in a net acquisition of 397,267 company shares. Relative to the preceding 90-day window of time, there were 2 transactions from 2 insiders that resulted in the net disposition of 16,932 shares.

This level of insider transactions is below that of the peer group average in the 43-company Wireless Telecommunications Services peer group over the last 90-day period. Peer group activity averaged 85.5 transactions per company, with company insiders acquiring on average -224,712 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1283699/000128369921000098/xslF345X03/wf-form4_162077086798574.xml

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