T-Mobile US Appoints New Directors, Adjusts Executive Pay
Ticker: TMUSL · Form: 8-K · Filed: Sep 13, 2024 · CIK: 1283699
| Field | Detail |
|---|---|
| Company | T-Mobile US, Inc. (TMUSL) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.00001, $975,000, $10,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
Related Tickers: TMUS
TL;DR
T-Mobile adds 2 directors, rejigs exec pay. Osvaldik stays CFO.
AI Summary
On September 12, 2024, T-Mobile US, Inc. announced changes to its board of directors and executive compensation. The company elected two new directors, Michael J. LaGrange and David L. Johnson, to its board. Additionally, the company entered into new employment agreements with certain executive officers, including a new employment agreement with Chief Financial Officer, Peter Osvaldik.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance and executive compensation matters, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- T-Mobile US, Inc. (company) — Registrant
- Michael J. LaGrange (person) — Newly elected director
- David L. Johnson (person) — Newly elected director
- Peter Osvaldik (person) — Chief Financial Officer
- September 12, 2024 (date) — Date of earliest event reported
FAQ
Who were the new directors elected to T-Mobile's board?
Michael J. LaGrange and David L. Johnson were elected as new directors to T-Mobile's board.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 12, 2024.
What is Peter Osvaldik's role at T-Mobile?
Peter Osvaldik is the Chief Financial Officer of T-Mobile.
What specific items are being reported in this 8-K filing?
This 8-K filing reports the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is T-Mobile US, Inc.'s state of incorporation?
T-Mobile US, Inc. is incorporated in Delaware.
Filing Stats: 1,380 words · 6 min read · ~5 pages · Grade level 14.3 · Accepted 2024-09-13 16:18:57
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value per share TMUS The NASDAQ
- $975,000 — ) an annual base salary of no less than $975,000; (ii) an annual short-term cash incenti
- $10,000,000 — at in no event will such payment exceed $10,000,000; Company-paid health and dental benef
Filing Documents
- d864102d8k.htm (8-K) — 39KB
- g864102g0913085750326.jpg (GRAPHIC) — 5KB
- 0001193125-24-218877.txt ( ) — 219KB
- tmus-20240912.xsd (EX-101.SCH) — 5KB
- tmus-20240912_def.xml (EX-101.DEF) — 14KB
- tmus-20240912_lab.xml (EX-101.LAB) — 23KB
- tmus-20240912_pre.xml (EX-101.PRE) — 15KB
- d864102d8k_htm.xml (XML) — 8KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. T-MOBILE US, INC. September 13, 2024 /s/ Mark Nelson Mark Nelson Executive Vice President and General Counsel