AT&T (NYSE: T) director receives deferred stock unit award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AT&T Inc. director Michael B. McCallister reported an award of deferred stock units rather than an open-market trade. He acquired 9,274.1935 deferred stock units of AT&T common stock at a reference value of $24.8000 per unit through a benefit plan for non-employee directors.
According to the plan, after he ceases to be a director, each unit will be paid out in cash equal to the value of one AT&T common share at times he previously elected. The filing also lists indirect holdings of 7,000 common shares held by a trust and 62,076 common shares held by a family trust, without new share purchases or sales in those accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MCCALLISTER MICHAEL B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 9,274.194 | $24.80 | $230K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 165,354.969 shares (Indirect, By Benefit Plan);
Common Stock — 62,076 shares (Indirect, By Family Trust)
Footnotes (1)
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Key Figures
Deferred stock units granted: 9,274.1935 units
Reference value per unit: $24.8000 per unit
Deferred stock units outstanding: 165,354.9685 units
+2 more
5 metrics
Deferred stock units granted
9,274.1935 units
Grant of deferred stock units to director on May 29, 2026
Reference value per unit
$24.8000 per unit
Value used for deferred stock unit award
Deferred stock units outstanding
165,354.9685 units
Total deferred stock units following the transaction
Indirect trust common shares
7,000 shares
Common stock held indirectly by trust after the reporting date
Indirect family trust common shares
62,076 shares
Common stock held indirectly by family trust after the reporting date
Key Terms
Deferred stock units, Non-Employee Director Stock and Deferral Plan, By Benefit Plan, By Family Trust, +1 more
5 terms
Deferred stock units financial
"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."
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."
By Benefit Plan financial
"nature_of_ownership: By Benefit Plan"
By Family Trust financial
"nature_of_ownership: By Family Trust"
By Trust financial
"nature_of_ownership: By Trust"
FAQ
What insider activity did AT&T (T) disclose for Michael B. McCallister?
AT&T disclosed that director Michael B. McCallister received a grant of deferred stock units, not an open-market trade. He was awarded 9,274.1935 units tied to AT&T common stock value under the Non-Employee Director Stock and Deferral Plan.
How many deferred stock units did the AT&T (T) director receive?
Michael B. McCallister received 9,274.1935 deferred stock units linked to AT&T common stock at a reference value of $24.8000 per unit. These units represent a compensation award rather than a purchase on the open market.
How are the AT&T (T) deferred stock units for the director settled?
The deferred stock units are paid out in cash after Michael B. McCallister ceases to be a director. Each unit will pay an amount equal to the value of one AT&T common share at payout, at times he previously elected.
Does the AT&T (T) Form 4 show any open-market stock buys or sells?
The Form 4 does not show any open-market purchases or sales. It reports a grant of deferred stock units and updates indirect holdings of common stock in a trust and a family trust without recording new transaction share amounts.
What indirect AT&T (T) common stock holdings are reported for the director?
The filing lists 7,000 AT&T common shares held indirectly by a trust and 62,076 common shares held indirectly by a family trust. These entries reflect updated holdings, not newly purchased or sold shares in the period.
What plan governs the AT&T (T) director’s deferred stock unit award?
The award was made under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. Under this plan, deferred stock units for directors are settled in cash after board service ends, based on AT&T’s common stock value at payout.