I can sell the share if I own it, right?
So it's like $43 bucks for free.
So it's like $43 bucks for free.
Since you did not hold this stock for more than 1 year, you will be taxed at regular income so if we assume a 30% tax, then you will be left with $30.18.
[1] As the nandhp points out below, T-Mobile is issuing these shares exclusively through LOYAL3 and selling your share within 1 year will be fee-free.
> It costs nothing to get your shares or set up an account with T-Mobile’s brokerage partner, LOYAL3, and there are absolutely no fees to get or sell your share this year – and no fee to maintain your account as long as you’re an active customer.
https://newsroom.t-mobile.com/news-and-blogs/un-carrier-11.h...
There's more details in the prospectus:
> No charge for sales of Shares within 12 months after receipt. Beginning 12 months after you receive your last Stock Up Reward, LOYAL3 may impose a sales charge of up to $5.00 per transaction
https://d1mfhr91ibccjl.cloudfront.net/docs/statler/prospectu...
Taxes, of course, are inescapable.