X0202 4 2007-02-26 0 0000101830 SPRINT NEXTEL CORP S 0001264261 Walker Kathryn A 2001 EDMUND HALLEY DRIVE RESTON VA 20191 0 1 0 0 Chief Network Officer Common Stock 2007-02-26 4 D 0 42469 0.00 D 334057 D Common Stock 2007-02-27 4 A 0 76444 0.00 A 410501 D Non-Qualified Stock Option (right to buy) 18.78 2007-02-27 4 A 0 161290 0.00 A 2017-02-27 Common Stock 161290 161290 D Pursuant to the terms and conditions of the company's 2006 long-term incentive compensation plan, a portion of the restricted stock units originally awarded on June 12, 2006 are being forfeited because the company's actual results did not meet the targeted financial and operating objectives established by the plan. These share units are issued under Sprint Nextel's 1997 Long-Term Incentive Program. Each unit represents the right to receive one share of the underlying security at a date in the future. These restricted stock units are subject to adjustment based on the company's actual results compared to financial objectives established under the long-term incentive compensation plan, and vest 100% on the later of February 27, 2010 or the date that any performance adjustment with respect to these restricted stock units is made by the Human Capital & Compensation Committee in 2010. Includes 322,509 restricted stock units, which are subject to forfeiture until they vest. These options become exercisable at the rate of one-third of the number of shares granted on each of the first three anniversaries of the grant date. /s/ Richard Montfort Attorney-in-Fact 2007-02-28