MetroPCS chairman and CEO Roger Linquist has disposed of 100,000 shares of his company's stock that he controls either directly or indirectly, according to a filing made with the Securities and Exchange Commission on Tuesday.

Lindquist sold the shares on February 15.

MetroPCS is waiting for the finalization of a deal by which it will be taken over by Deutsche Telekom, and combined with that company's T-Mobile USA unit.

Since that deal was announced last October, MetroPCS' stock price has declined approximately 25% from a high of around $13.50. Lindquist sold his shares for around $10.37.

The article MetroPCS Chairman Selling Shares originally appeared on

Fool contributor Dan Radovsky has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Increase your money and finance knowledge from home

Forex for Beginners

Learn about trading currencies and foreign exchange transactions

View Course »

Investing in Startups

The lucrative and risky world of startups.

View Course »

Add a Comment

*0 / 3000 Character Maximum