STANKEY JOHN T. - 26 Jan 2023 Form 4 Insider Report for AT&T INC. (T)

Role: CEO & President, Director
Signature: /s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol: T
Transactions as of: 26 Jan 2023
Net transactions value: -$5,890,891
Form type: 4
Filing time: 30 Jan 2023, 15:47:21 UTC
Previous filing: 18 Jan 2023
Next filing: 02 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	T	Common Stock	Award		+371,061	+576%		435,466	26 Jan 2023	By Benefit Plan	F1, F2
transaction	T	Common Stock	Tax liability	$2,920,247	-146,012	-34%	$20.00	289,454	26 Jan 2023	By Benefit Plan	F3
transaction	T	Common Stock	Disposed to Issuer	$2,970,644	-148,532	-51%	$20.00	140,921	26 Jan 2023	By Benefit Plan	F4
transaction	T	Common Stock	Disposed to Issuer		-76,516	-54%		64,405	26 Jan 2023	By Benefit Plan	F2, F5
holding	T	Common Stock						12,236	26 Jan 2023	By 401(k)	F6
holding	T	Common Stock						309,692	26 Jan 2023	Direct	F5
holding	T	Common Stock						321,867	26 Jan 2023	By Family Trust
holding	T	Common Stock						120,000	26 Jan 2023	By LP

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	+206,250		$0.000000	206,250	26 Jan 2023	Common Stock	206,250		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 76,516 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.