T-Mobile US VP & chief accounting officer sells $137k in shares

Daniel James Drobac, T-Mobile US' Vice President and Chief Accounting Officer, sold 772 shares of the company's common stock on September 10, 2026. The sale totaled approximately $137,670, with an average price of $178.33 per share. Drobac had previously established a Rule 10b5-1 trading plan for this transaction on June 12, 2026.

On the same day, he bought 1.769 shares of T-Mobile US common stock, valued at around $315, reflecting dividends from vested restricted stock units. After these trades, Drobac's direct ownership of T-Mobile US common stock stood at 35,119.306 shares. Subscribers to InvestingPro can access five additional exclusive tips on T-Mobile, including its dividend growth and financial health score of GOOD.

In separate news, Verizon and T-Mobile recently settled their legal disputes over advertisements claiming significant savings for consumers switching carriers. Additionally, Citi has provided its recommendations for the communications services sector, noting potential risks and opportunities. Bank of America also suggested that SpaceX's wireless plans might benefit T-Mobile, particularly in terms of spectrum value and infrastructure needs.

T-Mobile's Chief Technology Officer, Dr. John Saw, stated that SpaceX's possible network might not pose a threat to existing U.S. wireless operators due to the challenges of replicating a nationwide network. T-Mobile's CEO, Srini Gopalan, also dismissed the threat from satellite providers like Starlink, emphasizing that mobile operators should focus on customer needs.