Jeremy Alan Legg - Jan 25, 2024 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 25, 2024
Transactions value $
-$658,075
Form type
4
Date filed
1/29/2024, 05:16 PM
Previous filing
Jan 17, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Award +38.3K 38.3K Jan 25, 2024 By Benefit Plan F1, F2
transaction T Common Stock Tax liability -$221K -12.9K -33.6% $17.18 25.4K Jan 25, 2024 By Benefit Plan F3
transaction T Common Stock Disposed to Issuer -$437K -25.4K -100% $17.18 0 Jan 25, 2024 By Benefit Plan F4
holding T Common Stock 3.16K Jan 25, 2024 By 401(k) F5
holding T Common Stock 249K Jan 25, 2024 Direct

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 (2024) Award $0 +47.3K $0.00 47.3K Jan 25, 2024 Common Stock 47.3K Direct F6
* 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 balance of the performance shares, distributed in cash, after taxes.
F5 Based on a 401(k) plan statement dated 12/29/2023.
F6 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 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility.