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

Role
Sr. Exec VP and CFO
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Feb 15, 2024
Transactions value $
-$125,629
Form type
4
Date filed
2/20/2024, 05:16 PM
Previous filing
Feb 2, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction T Common Stock Options Exercise +19.9K +4.63% 449K Feb 15, 2024 Direct F2
transaction T Common Stock Tax liability -$126K -7.35K -1.64% $17.09 442K Feb 15, 2024 Direct F3
holding T Common Stock 3.59K Feb 15, 2024 By 401(k) F1
holding T Common Stock 203K Feb 15, 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 -19.9K -100% 0 Feb 15, 2024 Common Stock 19.9K 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.