Jeffery S. McElfresh - 26 Jan 2023 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
26 Jan 2023
Net transactions value
-$2,364,100
Form type
4
Filing time
30 Jan 2023, 15:39:38 UTC
Previous filing
18 Jan 2023
Next filing
02 Feb 2023
SEC
View on sec.gov

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Quoteable Key Fact

"Jeffery S. McElfresh filed Form 4 for AT&T INC. (T) on 30 Jan 2023."

Quick Takeaways

  • This page summarizes Jeffery S. McElfresh's Form 4 filing for AT&T INC. (T).
  • 5 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 30 Jan 2023, 15:39.

What Changed

  • Previous filing in this sequence was filed on 18 Jan 2023.
  • Current net transaction value: -$2,364,100.

Why This Matters

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Official SEC Source

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Award +148,911 +114% 279,307 26 Jan 2023 By Benefit Plan F1, F2
transaction T Common Stock Tax liability $1,171,930 -58,596 -21% $20.00 220,710 26 Jan 2023 By Benefit Plan F3
transaction T Common Stock Disposed to Issuer $1,192,170 -59,609 -27% $20.00 161,102 26 Jan 2023 By Benefit Plan F4
transaction T Common Stock Disposed to Issuer -30,706 -19% 130,396 26 Jan 2023 By Benefit Plan F2, F5
holding T Common Stock 5,206 26 Jan 2023 By 401(k) F6
holding T Common Stock 229,637 26 Jan 2023 Direct F5

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) Award $0 +112,500 $0.000000 112,500 26 Jan 2023 Common Stock 112,500 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total performance shares distributed.
F2 Each performance share is equivalent in value to a share of common stock.
F3 Mandatory tax withholding on distribution of performance shares.
F4 Represents portion of the performance shares distributed in cash, after taxes.
F5 Reflects transfer of 30,706 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.
F6 Based on a 401(k) plan statement dated 12/30/2022.
F7 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.

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