Pascal Desroches - Nov 30, 2023 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec VP and CFO
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Nov 30, 2023
Transactions value $
-$57,945
Form type
4
Date filed
12/4/2023, 06:18 PM
Previous filing
Nov 2, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +3.5K +1.08% 328K Nov 30, 2023 Direct F1
transaction T Common Stock Tax liability -$57.9K -3.5K -1.06% $16.57 325K Nov 30, 2023 Direct F2
holding T Common Stock 3.59K Nov 30, 2023 By 401(k) F3
holding T Common Stock 195K Nov 30, 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 -3.5K -3.73% 90.3K Nov 30, 2023 Common Stock 3.5K 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.