F. Thaddeus Arroyo - 30 Nov 2023 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
30 Nov 2023
Net transactions value
-$25,302
Form type
4
Filing time
04 Dec 2023, 18:17:34 UTC
Previous filing
02 Nov 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +1,527 +0.78% 197,445 30 Nov 2023 Direct F1
transaction T Common Stock Tax liability $25,302 -1,527 -0.77% $16.57 195,918 30 Nov 2023 Direct F2
holding T Common Stock 1,303 30 Nov 2023 By 401(k) F3
holding T Common Stock 13,823 30 Nov 2023 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 -1,527 -3.7% 39,411 30 Nov 2023 Common Stock 1,527 Direct F1
* 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 vested Restricted Stock Units.
F3 Based on a 401(k) plan statement dated 10/31/2023.