Jeffery S. McElfresh - Jan 15, 2025 Form 4 Insider Report for AT&T INC. (T)

Role
Chief Operating Officer
Signature
/s/ Johnell C. Holland, Attorney-in-fact
Stock symbol
T
Transactions as of
Jan 15, 2025
Transactions value $
-$807,712
Form type
4
Date filed
1/17/2025, 05:12 PM
Previous filing
Jan 3, 2025
Next filing
Feb 27, 2025
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 +40.6K +10.5% 427K Jan 15, 2025 Direct F1
transaction T Common Stock Tax liability -$195K -8.93K -2.09% $21.80 418K Jan 15, 2025 Direct F2
transaction T Common Stock Options Exercise +36.1K +8.63% 454K Jan 15, 2025 Direct F3
transaction T Common Stock Tax liability -$274K -12.6K -2.77% $21.80 442K Jan 15, 2025 Direct F2
transaction T Common Stock Options Exercise +42K +9.51% 484K Jan 15, 2025 Direct F4
transaction T Common Stock Tax liability -$339K -15.6K -3.21% $21.80 468K Jan 15, 2025 Direct F2
holding T Common Stock 7.83K Jan 15, 2025 By 401(k) F5
holding T Common Stock 144K Jan 15, 2025 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 (2022) Options Exercise -40.6K -100% 0 Jan 15, 2025 Common Stock 40.6K Direct F1
transaction T Restricted Stock Units (2023) Options Exercise -36.1K -50% 36.1K Jan 15, 2025 Common Stock 36.1K Direct F3
transaction T Restricted Stock Units (2024) Options Exercise -42K -33.33% 84.1K Jan 15, 2025 Common Stock 42K Direct F4
* 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-third of the units vests and distributes on each of 1/15/2023, 1/15/2024, and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.
F2 Mandatory tax withholding on distribution of Restricted Stock Units.
F3 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 vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.
F4 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 vests and distributes on each of 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility.
F5 Based on a 401(k) plan statement dated 11/30/2024.