AT&T director granted deferred stock units

TAYLOR CINDY B reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

TAYLOR CINDY B reported acquisition or exercise transactions in this Form 4 filing.

AT&T Inc. director Cindy B. Taylor received a grant of 2,666.9601 deferred stock units on July 31, 2026 under the AT&T Inc. Non-Employee Director Stock and Deferral Plan at a reference price of $23.25 per unit. These units will be paid in cash after she ceases to be a director based on the value of AT&T common stock at times she elected. Following this award, she holds 226,114.9709 deferred units indirectly, plus 5,718 common shares and 320 depositary shares of 4.750% Perpetual Preferred Stock, Series C.

Insider Trade Summary

Grant/Award: 2,666.9601 shares

Grant/Award 3 txns

Insider TAYLOR CINDY B

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units F2	2,666.9601	$23.25	$62K
holding	Common Stock	--	--	--
holding	Depositary Shares (Preferred Stock, Series C) F1	--	--	--

Holdings After Transaction: Deferred Stock Units — 226,114.9709 contracts (Indirect, By Benefit Plan); Common Stock — 5,718 shares (Direct); Depositary Shares (Preferred Stock, Series C) — 320 shares (Direct)

Footnotes (2)

1. F1. Each Depositary Share represents a 1/1,000th interest in a share of 4.750% Perpetual Preferred Stock, Series C.
2. F2. 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.

Key Figures

Deferred stock units granted: 2,666.9601 units Reference price per unit: $23.2500 Deferred stock units held: 226,114.9709 units +4 more

7 metrics

Deferred stock units granted 2,666.9601 units Grant on July 31, 2026 under Non-Employee Director Stock and Deferral Plan

Reference price per unit $23.2500 Value per deferred stock unit at time of grant

Deferred stock units held 226,114.9709 units Indirect holdings after reported grant

Common stock held 5,718 shares Direct AT&T common shares as of July 31, 2026

Depositary shares held 320 shares Direct holdings of Depositary Shares (Preferred Stock, Series C)

Preferred stock rate 4.750% Coupon on Perpetual Preferred Stock, Series C

Depositary share ratio 1/1,000 Each Depositary Share equals a 1/1,000th interest in one preferred share

Key Terms

Deferred stock units, Non-Employee Director Stock and Deferral Plan, Depositary Share, Perpetual Preferred Stock, Series C

4 terms

Deferred stock units financial

"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director..."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Non-Employee Director Stock and Deferral Plan financial

"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."

Depositary Share financial

"Each Depositary Share represents a 1/1,000th interest in a share..."

A depositary share is a special type of stock that represents ownership in a company but is traded on the stock market like regular shares. It often makes it easier for people to buy and sell shares of companies from other countries or smaller companies that don’t list directly on big exchanges.

Perpetual Preferred Stock, Series C financial

"a share of 4.750% Perpetual Preferred Stock, Series C."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AT&T (T) director Cindy B. Taylor receive in this insider filing?

Cindy B. Taylor received a grant of 2,666.9601 deferred stock units on July 31, 2026. The units were granted under AT&T’s Non-Employee Director Stock and Deferral Plan at a reference value of $23.25 per unit, increasing her indirect deferred unit holdings.

How many deferred stock units does Cindy B. Taylor now hold at AT&T (T)?

After the reported grant, Cindy B. Taylor holds 226,114.9709 deferred stock units indirectly through a benefit plan. These deferred stock units track the value of AT&T common stock and represent part of her compensation as a non-employee director.

How and when are AT&T (T) deferred stock units for Cindy B. Taylor paid out?

Each of Cindy B. Taylor’s deferred stock units is paid in cash equal to one AT&T common share’s value. Payment occurs after she ceases to be a director, at times she previously elected under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.

What direct common stock holdings in AT&T (T) does Cindy B. Taylor report?

Cindy B. Taylor reports direct ownership of 5,718 shares of AT&T common stock as of July 31, 2026. This position is separate from her indirect deferred stock unit holdings reported under the company’s Non-Employee Director Stock and Deferral Plan.

What preferred stock exposure does Cindy B. Taylor have through AT&T (T) depositary shares?

She directly holds 320 Depositary Shares of AT&T’s 4.750% Perpetual Preferred Stock, Series C. Each Depositary Share represents a 1/1,000th interest in one share of the preferred stock, giving her an indirect preferred equity position.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/04/2026 - 04:16 PM Accepted by SEC EDGAR 08/04/2026 - 04:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

TAYLOR CINDY B

(Last) (First) (Middle)

208 S. AKARD

(Street)

DALLAS TEXAS 75202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AT&T INC. [ T ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								5,718	D
Depositary Shares (Preferred Stock, Series C)								320(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(2)	07/31/2026		A		2,666.9601		(2)	(2)	Common Stock	2,666.9601	$23.25	226,114.9709	I	By Benefit Plan

Explanation of Responses:

1. Each Depositary Share represents a 1/1,000th interest in a share of 4.750% Perpetual Preferred Stock, Series C.

2. 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.

	/s/ Johnell C. Holland, Attorney-in-fact	08/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)