AT&T INC. - 08 Apr 2022 Form 4 Insider Report for Magallanes, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Apr 2022, 20:00:29 UTC
Prior SEC filing
28 Mar 2022
Next SEC filing
10 Feb 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Debra L. Dial, Senior Vice President and Controller of AT&T Inc.

Key filing fact

AT&T INC. filed Form 4 for Magallanes, Inc. on 12 Apr 2022.

Key facts

  • This page summarizes AT&T INC.'s Form 4 filing for Magallanes, Inc..
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Apr 2022, 20:00.

Change

  • Previous filing in this sequence was filed on 28 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

No ticker transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-7,158,843,977
Change %
-100%
Price
Shares after
0
Date
08 Apr 2022
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

AT&T INC. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

On April 7, 2022, the Issuer effected a stock split pursuant to which the 1,000 shares of the Issuer's common stock held by the Reporting Person were converted into 7,158,843,977 shares of the Issuer's common stock that continued to be held by the Reporting Person in an exempt transaction under Rule 16a-9 under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Footnote F2

Each share of Issuer common stock was disposed of pursuant to a pro rata distribution to the Reporting Person's stockholders in an exempt transaction under Rule 16a-9 under the Exchange Act, immediately followed by the merger of the Issuer with and into Drake Subsidiary, Inc. ("Merger Sub") pursuant to the Agreement and Plan of Merger between the Reporting Person, the Issuer, Discovery, Inc. (renamed Warner Bros. Discovery, Inc. in connection with the merger) and Merger Sub.

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