Additional Information Regarding Tax Form 3922 - ESPP Shares and Softbank Merger Tax Consequences

Sep 19, 2026

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Additional information explains why recipients receive Form 3922 after the first transfer of legal title for shares acquired through a qualified Employee Stock Purchase Plan (ESPP). It instructs recipients to save the form for tax filing, highlights potential ordinary income and capital gain or loss reporting when shares are sold or disposed of, and notes that tax outcomes depend on individual circumstances. It further addresses 2013 ESPP purchases, possible issuance by different Sprint entities, and how the Softbank merger created a disqualifying disposition affecting W-2 income and tax basis.

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ESPP and Form 3922 Delivery

Purpose of Saving Form 3922

Tax Complexity and Need for Advisors

ESPP Shares Transferred Through Fidelity

2013 Purchases Included

Possible Two Forms for 2013

Sprint Entity Changes After the Softbank Merger

Softbank Merger Disqualifying Disposition

Income on Form W-2 and Tax Basis Impact

Sale, Gift, or No Disposition Scenarios

Additional Information Regarding Tax Form 3922 You are receiving this package because the corporation whose stock was issued to you is required to send you a Form 3922 upon the first transfer of legal title of shares acquired from a qualified Employee Stock Purchase Plan (ESPP) . Generally this transfer of legal title occurs whenever you purchase Employee Stock under a Section 423 Qualified Employee Stock Purchase Plan. Fidelity Stock Plan Services is providing a copy of Form 3922 on Sprint’s behalf. Please save the Form 3922. It contains important tax information to help you file your taxes in the event you dispose of (sell) this stock. Remember, when you dispose of stock acquired under a Employee Stock Purchase Plan, you may have taxable ordinary income to report – in addition to any gains or losses you may have. Tax laws are complex and subject to change. State and local taxes also may apply, and the rules governing these taxes may vary from federal income tax rules. Your actual income tax consequences depend upon your individual circumstances. You should always consult a qualified tax advisor regarding your own particular situation. If you have questions about the information provided, please call a Stock Plan Services Representative at 800-544-9354, between the hours of 5 p. m. Sunday and midnight Friday Eastern time. From outside the United States, dial the access number of the country you are in, and when prompted, dial 1-800-544-0275 to speak with a Stock Plan Services Representative. Representatives are available Monday through Friday, [8 a.m. to 8 p.m](8 a.m. to 8 p.m). , local time, excluding holidays of the New York Stock Exchange. ESPP Shares Transferred Through Fidelity Please note that Form 3922 contains information about only your calendar year 2013 purchases under the Employees Stock Purchase Plan and multiple transactions may be included within a single form. However, you may receive two Forms 3922 for year 2013. Due to the July 10, 2013 merger with Softbank, Sprint has a new publicly traded parent company. If you participated in the Sprint Employees Stock Purchase Plan for the first or second quarters of 2013, you were issued stock by Sprint Nextel Corporation (with federal identification number 48-0457967) and you are receiving a Form 3922 from that company. If you participated in the Sprint Employees Stock Purchase Plan for the third or fourth quarters of 2013, you were issued stock by Sprint Corporation (with federal identification number 46-1170005) and you are receiving a Form 3922 from that company. If you held these shares at the time of the Softbank Merger Closing: The closing of Softbank Merger resulted in what is called a “disqualifying disposition” of the ESPP shares regardless of whether you received a combination of cash and new Sprint stock or only new Sprint stock in exchange for the ESPP shares since you did not hold the shares for two years from the grant date. The “disqualifying disposition” resulted in the inclusion of income on your 2013 Form W-2 equal to the difference between the market value of the ESPP shares on the date of purchase and the purchase price, and causes the tax basis of your ESPP shares to be equal to the market value of the stock on the purchase date. Any new Sprint shares you received in the Softbank Merger are not treated as ESPP shares. Thus a subsequent sale (or other disposition) of those new Sprint shares during or after the required ESPP holding period will not result in either a disqualifying or qualifying disposition. More information regarding the tax consequences of the Softbank Merger can be found by reviewing the [Form 8937 at](Form 8937 at www.sprint.com/investors)[ ](Form 8937 at www.sprint.com/investors)[www.sprint.com/investors](Form 8937 at www.sprint.com/investors)> Shareholder Services > Cost Basis, Corporate Actions & Employee Ownership. If you sold these shares in 2013 before the Softbank Merger or sold these shares in 2013 that w

FAQs

Why do I receive Form 3922 for ESPP shares?

Form 3922 is sent when the corporation is required to provide it upon the first transfer of legal title of shares acquired under a qualified ESPP. The transfer generally occurs when you purchase employee stock under a Section 423 qualified plan.

What should I do with Form 3922?

Save Form 3922 because it contains important tax information for filing your taxes if you later sell (dispose of) the stock. It can affect reporting of ordinary income and gains or losses.

How does the Softbank merger affect ESPP shares and tax reporting?

The Softbank merger closing creates a disqualifying disposition even if you received cash plus new stock or only new stock, because the shares were not held for two years from the grant date. This results in income included on the 2013 Form W-2 and changes the tax basis to the market value on the purchase date, while new shares received are treated differently.

Sep 19, 2026

Upload by Miles