Kenny Kellyn Smith - 25 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Marketing & Growth Ofcr
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
25 Jan 2024
Net transactions value
-$493,547
Form type
4
Filing time
29 Jan 2024, 17:17:42 UTC
Previous filing
17 Jan 2024
Next filing
02 Feb 2024
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 +28,728 +308% 38,070 25 Jan 2024 By Benefit Plan F1, F2
transaction T Common Stock Tax liability $150,742 -8,774 -23% $17.18 29,296 25 Jan 2024 By Benefit Plan F3
transaction T Common Stock Disposed to Issuer $342,805 -19,954 -68% $17.18 9,342 25 Jan 2024 By Benefit Plan F4
holding T Common Stock 2,269 25 Jan 2024 By 401(k) F5
holding T Common Stock 165,583 25 Jan 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 +42,200 $0.000000 42,200 25 Jan 2024 Common Stock 42,200 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total performance share 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.