Jeffery S. McElfresh - 15 Jan 2026 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Operating Officer
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Jan 2026
Net transactions value
-$532,665
Form type
4
Filing time
20 Jan 2026, 16:22:51 UTC
Previous filing
05 Jan 2026
Next filing
19 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
McElfresh Jeffery S. Chief Operating Officer 208 S. AKARD ST., DALLAS /s/ Johnell C. Holland, Attorney-in-fact 20 Jan 2026 0001734431

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise $0 +36,102 +6.5% $0.000000 593,563 15 Jan 2026 Direct F1
transaction T Common Stock Tax liability $187,534 -7,943 -1.3% $23.61 585,620 15 Jan 2026 Direct F2
transaction T Common Stock Options Exercise $0 +42,027 +7.2% $0.000000 627,647 15 Jan 2026 Direct F3
transaction T Common Stock Tax liability $345,131 -14,618 -2.3% $23.61 613,029 15 Jan 2026 Direct F2
holding T Common Stock 8,851 15 Jan 2026 By 401(k) F4
holding T Common Stock 170,751 15 Jan 2026 By Benefit Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction T Restricted Stock Units (2023) Options Exercise -36,102 -100% 0 15 Jan 2026 Common Stock 36,102 Direct F1
transaction T Restricted Stock Units (2024) Options Exercise -42,027 -50% 42,028 15 Jan 2026 Common Stock 42,027 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 Based on a 401(k) plan statement dated 11/30/2025.