AT&T (NYSE: T) director adds deferred stock units through benefit plan

Rhea-AI Filing Summary

AT&T Inc. director Luis A. Ubinas reported receiving a grant of deferred stock units under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. He acquired 667.7119 deferred stock units, each valued at $26.13, held as indirect ownership through a benefit plan.

After this award, his deferred stock unit balance increased to 63,540.904 units. According to the plan, after he 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 he previously elected.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ubinas Luis A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	667.712	$26.13	$17K

Holdings After Transaction: Deferred Stock Units — 63,540.904 shares (Indirect, By Benefit Plan)

Footnotes (1)

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Key Figures

Deferred stock units granted: 667.7119 units Grant value per unit: $26.13 per unit Total deferred stock units after grant: 63,540.904 units +1 more

4 metrics

Deferred stock units granted 667.7119 units Grant to Luis A. Ubinas on April 30, 2026

Grant value per unit $26.13 per unit Value used for deferred stock unit award

Total deferred stock units after grant 63,540.904 units Ubinas’s indirect holdings via benefit plan after transaction

Conversion price $0.00 Deferred stock units conversion/exercise price

Key Terms

Deferred Stock Units, Non-Employee Director Stock and Deferral Plan, indirect ownership, benefit plan

4 terms

Deferred Stock Units financial

"security_title: "Deferred Stock Units" and footnote explanation"

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."

indirect ownership financial

"direct_or_indirect: "I" and nature_of_ownership: "By Benefit Plan""

benefit plan financial

"nature_of_ownership: "By Benefit Plan""

Form 4 Insider Transactions: What Each Field Means →

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^*

Ubinas Luis A

(Last) (First) (Middle)

208 S. AKARD ST.

(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)
04/30/2026

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

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	(1)	04/30/2026		A		667.7119		(1)	(1)	Common Stock	667.7119	$26.13	63,540.904	I	By Benefit Plan

Explanation of Responses:

1. 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	05/04/2026
	** 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)

FAQ

What insider transaction did AT&T (T) director Luis A. Ubinas report?

Luis A. Ubinas reported receiving a grant of 667.7119 deferred stock units tied to AT&T common stock. These were awarded under the Non-Employee Director Stock and Deferral Plan and increase his indirect holdings through a benefit plan.

How many AT&T (T) deferred stock units does Luis A. Ubinas now hold?

Following the latest award, Luis A. Ubinas holds a total of 63,540.904 deferred stock units. This figure reflects his accumulated director compensation deferred into units linked to AT&T common stock value under the company’s director stock and deferral plan.

At what value were the new AT&T (T) deferred stock units granted?

The newly granted 667.7119 deferred stock units for Luis A. Ubinas were valued at $26.13 per unit. Each unit represents the value of one share of AT&T common stock for compensation tracking under the director deferral program.

How and when are AT&T (T) deferred stock units paid to Luis A. Ubinas?

The deferred stock units are paid in cash after Luis A. Ubinas ceases to be a director. Each unit pays an amount equal to the value of one AT&T common share at the times of payout previously elected by him under the plan.

Are Luis A. Ubinas’s AT&T (T) deferred stock units held directly or indirectly?

The filing states the deferred stock units are held indirectly by a benefit plan. This means the position is recorded as “By Benefit Plan,” reflecting plan-based director compensation rather than directly held common shares in his personal brokerage account.