William E. Kennard - Jul 31, 2025 Form 4 Insider Report for AT&T INC. (T)

Role
Director
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jul 31, 2025
Transactions value $
$36,039
Form type
4
Date filed
8/4/2025, 04:05 PM
Previous filing
Jun 20, 2025
Next filing
Sep 4, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kennard William E Director 208 S. AKARD STREET, DALLAS /s/ Johnell C. Holland, Attorney-in-fact 2025-08-04 0001198236

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 Deferred Stock Units Award $36K +1.31K +1.01% $27.41 131K Jul 31, 2025 Common Stock 1.31K By Benefit Plan F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.