AT&T (T) top lawyer updates performance share and tax dispositions
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
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Negative
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Insider Trade Summary
Net Seller: 325,500.0001 shares
Net Sell
4 txns
Insider
McAtee David R II
Role
Sr. Exec. VP and Gen. Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 128,084.6053 | $25.13 | $3.22M |
| Disposition | Common Stock | 130,294.3948 | $25.13 | $3.27M |
| Disposition | Common Stock | 67,121 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, By Benefit Plan);
Common Stock — 351,608 shares (Direct)
Footnotes (5)
- F1. Revised to reflect shares withheld as a result of re-calculation of shares needed to satisfy federal taxes on distribution of performance shares.
- F2. Revised to reflect shares distributed as a result of re-calculation of taxes. Represents performance shares distributed in cash, after taxes.
- F3. Revised to reflect shares distributed as a result of re-calculation of taxes. Represents performance shares distributed in issuer's shares, after taxes.
- F4. Each performance share is equivalent in value to a share of common stock.
- F5. 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.