Sanders S. Sabrina - 12 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
12 Jan 2024
Net transactions value
-$82,466
Form type
4
Filing time
17 Jan 2024, 17:26:24 UTC
Previous filing
03 Jan 2024
Next filing
29 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +3,057 +2.9% 109,324 12 Jan 2024 Direct F1
transaction T Common Stock Tax liability $14,947 -907 -0.83% $16.48 108,417 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +3,777 +3.5% 112,194 12 Jan 2024 Direct F1
transaction T Common Stock Tax liability $18,458 -1,120 -1% $16.48 111,074 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +4,723 +4.3% 115,797 12 Jan 2024 Direct F3
transaction T Common Stock Tax liability $20,633 -1,252 -1.1% $16.48 114,545 12 Jan 2024 Direct F2
transaction T Common Stock Options Exercise +7,083 +6.2% 121,628 12 Jan 2024 Direct F4
transaction T Common Stock Tax liability $28,428 -1,725 -1.4% $16.48 119,903 12 Jan 2024 Direct F2
holding T Common Stock 3,181 12 Jan 2024 By 401(k) F5
holding T Common Stock 5,675 12 Jan 2024 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 (2020) Options Exercise -3,057 -100% 0 12 Jan 2024 Common Stock 3,057 Direct F1
transaction T Restricted Stock Units (2021) Options Exercise -3,777 -100% 0 12 Jan 2024 Common Stock 3,777 Direct F1
transaction T Restricted Stock Units (2022) Options Exercise -4,723 -50% 4,722 12 Jan 2024 Common Stock 4,723 Direct F3
transaction T Restricted Stock Units (2023) Options Exercise -7,083 -33% 14,167 12 Jan 2024 Common Stock 7,083 Direct F4
* 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. Units vest and distribute on 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock.
F3 Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-half of the units vests and distributes on each of 1/15/2024 and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 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.
F5 Based on a 401(k) plan statement dated 12/29/2023.