AT&T (T) top lawyer updates performance share and tax dispositions
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
AT&T Inc. senior executive David R. McAtee II filed an amended Form 4 to update dispositions of AT&T common stock related to performance share distributions and tax withholding on January 29, 2026. The filing shows indirect transactions through a benefit plan at prices around $25.13 per share, including tax-withholding dispositions and issuer-related dispositions. It also reflects a revised transfer of 67,121 performance-share-related shares from indirect benefit plan ownership into direct ownership, bringing his directly held AT&T common stock to 351,608 shares after these adjustments.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
McAtee David R II
Role
Sr. Exec. VP and Gen. Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 128,084.605 | $25.13 | $3.22M |
| Disposition | Common Stock | 130,294.395 | $25.13 | $3.27M |
| Disposition | Common Stock | 67,121 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 197,415.395 shares (Indirect, By Benefit Plan);
Common Stock — 351,608 shares (Direct)
Footnotes (1)
- Revised to reflect shares withheld as a result of re-calculation of shares needed to satisfy federal taxes on distribution of performance shares. Revised to reflect shares distributed as a result of re-calculation of taxes. Represents performance shares distributed in cash, after taxes. Revised to reflect shares distributed as a result of re-calculation of taxes. Represents performance shares distributed in issuer's shares, after taxes. Each performance share is equivalent in value to a share of common stock. Revised to reflect transfer of 67,121 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.
FAQ
What insider activity did AT&T (T) report for David R. McAtee II?
AT&T reported that David R. McAtee II amended a prior Form 4 to update performance-share-related dispositions and tax-withholding transactions in AT&T common stock on January 29, 2026, largely involving shares held indirectly through a benefit plan and later reflected as directly owned.
How did David R. McAtee II’s indirect AT&T (T) holdings change?
Indirect holdings through a benefit plan declined to zero following the reported dispositions totaling 67,121 shares to a balance of 0.0000 shares. Footnotes clarify these revisions relate to performance share distributions and a transfer of 67,121 shares from indirect benefit plan ownership to direct ownership.
What are David R. McAtee II’s direct AT&T (T) holdings after these revisions?
After the revised transactions, the Form 4/A shows David R. McAtee II holding 351,608 AT&T common shares directly. This reflects performance shares distributed in issuer shares, after taxes, and includes the transfer of 67,121 shares from indirect benefit plan ownership into direct ownership.