Pascal Desroches - 15 Feb 2024 Form 4 Insider Report for AT&T INC. (T)

Role
Sr. Exec VP and CFO
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Issuer symbol
T
Transactions as of
15 Feb 2024
Net transactions value
-$125,629
Form type
4
Filing time
20 Feb 2024, 17:16:36 UTC
Previous filing
02 Feb 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 Options Exercise +19,869 +4.6% 449,334 15 Feb 2024 Direct F2
transaction T Common Stock Tax liability $125,629 -7,351 -1.6% $17.09 441,983 15 Feb 2024 Direct F3
holding T Common Stock 3,591 15 Feb 2024 By 401(k) F1
holding T Common Stock 203,312 15 Feb 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 -19,869 -100% 0 15 Feb 2024 Common Stock 19,869 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on a 401(k) plan statement dated 12/29/2023.
F2 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 vest and distribute on each of 2/15/2022, 2/15/2023, and 2/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.
F3 Mandatory tax withholding on vested Restricted Stock Units.