SAW JOHN 4
Research Summary
AI-generated summary
T-Mobile (TMUS) CTO John Saw Receives Awards; Shares Withheld
What Happened
- John Saw, Chief Technology Officer of T-Mobile (TMUS), received two awards on Feb 15, 2026: 7,831 restricted stock units (time‑based RSUs) and 4,412 performance‑based RSUs. Both were reported as acquisitions at $0.00 per share.
- To satisfy tax withholding on the vesting/awards, 2,839.891 shares and 1,736.123 shares were withheld (disposed) at a reported price of $219.50 per share, generating proceeds/withholding value of $623,356 and $381,079 respectively (total withheld value ≈ $1,004,435).
- The primary transaction is the receipt of awards (an acquisition of shares/RSUs). The withheld shares are a tax‑withholding mechanism (not an open‑market sale).
Key Details
- Transaction date: February 15, 2026; Form filed February 18, 2026.
- Withholding price used: $219.50 per share; total shares withheld: 4,576.014; total withholding value ≈ $1,004,435.
- Shares acquired (awarded): 7,831 (time‑based RSUs) and 4,412 (performance RSUs).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes from the filing:
- F1: 2023 Incentive Award Plan RSUs (time‑based) — vest one‑third on Feb 15 of 2027, 2028, 2029.
- F3: Performance RSUs under the 2015 Sprint Omnibus Plan vested on Feb 15, 2026 based on 3‑year relative TSR.
- F2 and F4: Shares withheld to pay taxes — these are not open‑market sales.
- Filing timeliness: Form filed Feb 18 for Feb 15 transactions; no late‑filing flag indicated in the excerpt.
Context
- The 4,576 shares withheld were used to cover tax liabilities on vesting — a common cashless withholding method that does not represent an open‑market sell decision by the insider.
- The 7,831 time‑based RSUs will vest over the next three years (one‑third each year), while the 4,412 performance RSUs already vested based on company performance through Feb 15, 2026.
- This filing reflects compensation realization (awards and tax withholding) rather than a discretionary sale or purchase signal.