Sanders S. Sabrina - 25 Jan 2024 Form 4 Insider Report for AT&T INC. (T)

Role
SVP-ChiefActngOfcr&Controller
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
25 Jan 2024
Net transactions value
-$220,051
Form type
4
Filing time
29 Jan 2024, 17:24:36 UTC
Previous filing
17 Jan 2024
Next filing
04 Mar 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 +12,809 +226% 18,484 25 Jan 2024 By Benefit Plan F1, F2
transaction T Common Stock Tax liability $53,582 -3,119 -17% $17.18 15,365 25 Jan 2024 By Benefit Plan F3
transaction T Common Stock Disposed to Issuer $166,468 -9,690 -63% $17.18 5,675 25 Jan 2024 By Benefit Plan F4
holding T Common Stock 3,181 25 Jan 2024 By 401(k) F5
holding T Common Stock 119,903 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 +29,104 $0.000000 29,104 25 Jan 2024 Common Stock 29,104 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.