T-Mobile US chief accounting officer Drobac sells $17,422 in shares

Daniel James Drobac, the Vice President and Chief Accounting Officer at T-Mobile US, Inc., sold 113 shares of the company's common stock for a total of $17,422 on November 2, 2026. The sale was executed under a pre-approved trading plan adopted by Mr. Drobac on June 12, 2026. Additionally, on November 1, 2026, Mr. Drobac withheld 36.525 shares for tax purposes related to the vesting of restricted stock units, valued at $5,713 at the time.

This transaction did not occur in the open market. After these reported transactions, Mr. Drobac directly owns 37,737.781 shares of T-Mobile US common stock. Despite a 5% gain in the stock price over the past week, T-Mobile stock is currently trading at $154.32, reflecting a 23% decline year-to-date. The stock appears undervalued according to InvestingPro analysis, with a P/E ratio of 14.95.

T-Mobile US Inc. recently reported strong third-quarter results, surpassing expectations for new accounts and posting a 4% increase in average revenue per account. This performance has led to an upgrade of the stock's price target to $214 by Scotiabank, which maintains a Sector Outperform rating. StoneX also reiterated a Buy rating for T-Mobile, citing favorable quarterly results and strategic advantages in technology.

However, Deutsche Telekom has paused any formal merger plans with T-Mobile due to opposition from the works council, though future offers may still be considered.