Jeremy Alan Legg - Feb 15, 2024 Form 4 Insider Report for AT&T INC. (T)

Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Feb 15, 2024
Transactions value $
-$49,954
Form type
4
Date filed
2/20/2024, 05:14 PM
Previous filing
Mar 4, 2024
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +6.52K +2.62% 255K Feb 15, 2024 Direct F1
transaction T Common Stock Tax liability -$50K -2.92K -1.15% $17.09 252K Feb 15, 2024 Direct F2
holding T Common Stock 3.16K Feb 15, 2024 By 401(k) F3

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 -6.52K -100% 0 Feb 15, 2024 Common Stock 6.52K 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-half of the units vest and distribute on each of 2/15/2023 and 2/15/2024. 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 12/29/2023.