President and CEO of T-Mobile, Michael Sievert Sold Shares
On Wednesday, T-Mobile (NASDAQ: TMUS) stock attracted attention as news emerged of company President and CEO Michael Sievert’s recent share sales. As per the U.S. Securities and Exchange Commission (SEC) filing, Sievert sold a total of 96,500 shares last Friday. After the sale, the CEO retains direct ownership of 489,839 shares, with an additional 95,000 held by his family’s LLC.
The shares were sold within the price range of $147.11 to $148.30 per share, averaging at $147.55 each. Sievert’s divestment totaled approximately $14.24 million in value. As of Wednesday morning, the stock is marginally up, indicating that investors in T-Mobile might not consider this share sale a significant concern.
Have you read?
Scorecard: These are the world’s top manufacturing countries, 2023.
Ranked: These Are The countries With The Highest Inflation Rate.
Ranked: 20 of the world’s youngest billionaires in 2023.
Countries and Territories Without Standing Military Forces.
Healthcare Shortage: Countries that need nurses and midwives the most, 2023.
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
SUBSCRIBE NEWSLETTER