AT&T (T) director Kelly Grier receives 9,274 deferred stock units in benefit plan grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grier Kelly J reported acquisition or exercise transactions in this Form 4 filing.
AT&T Inc. director Kelly J. Grier reported a compensation-related award of deferred stock units rather than an open-market trade. The filing shows a grant of 9,274.1935 deferred stock units tied to AT&T common stock at a reference price of $24.80 per unit, held indirectly through a benefit plan.
After this award, Grier has 14,917.1822 deferred stock units credited under the plan and 723 shares of common stock held directly. According to the plan terms, each deferred stock unit will be settled in cash equal to the value of one AT&T common share after Grier ceases to be a director, at times previously elected.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Grier Kelly J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 9,274.194 | $24.80 | $230K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 14,917.182 shares (Indirect, By Benefit Plan);
Common Stock — 723 shares (Direct, null)
Footnotes (1)
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Key Figures
Deferred stock units granted: 9,274.1935 units
Deferred units after grant: 14,917.1822 units
Reference price per unit: $24.80 per unit
+1 more
4 metrics
Deferred stock units granted
9,274.1935 units
Grant to Kelly J. Grier on May 29, 2026
Deferred units after grant
14,917.1822 units
Total deferred stock units held indirectly
Reference price per unit
$24.80 per unit
Price used for the deferred stock unit grant
Direct common shares held
723 shares
AT&T common stock directly owned after transactions
Key Terms
Deferred Stock Units, Non-Employee Director Stock and Deferral Plan, grant/award acquisition, indirect ownership
4 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
"acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."
grant/award acquisition financial
"transaction_action: grant/award acquisition for deferred stock units."
indirect ownership financial
"Deferred stock units held as indirect ownership "By Benefit Plan"."
FAQ
What insider transaction did AT&T (T) director Kelly J. Grier report?
Kelly J. Grier reported receiving a grant of 9,274.1935 deferred stock units as compensation. These units are linked to AT&T common stock and were credited under a non-employee director stock and deferral plan rather than acquired in an open-market purchase.
How many deferred stock units does Kelly J. Grier hold after this AT&T Form 4?
After the reported grant, Kelly J. Grier holds 14,917.1822 deferred stock units. These units are maintained under an AT&T non-employee director stock and deferral plan and are designed to mirror the value of AT&T common shares over time.
At what price were Kelly J. Grier’s new AT&T deferred stock units credited?
The 9,274.1935 new deferred stock units were credited at $24.80 per unit. Each unit represents the value of one AT&T common share for bookkeeping purposes within the non-employee director stock and deferral plan.
Does Kelly J. Grier directly own AT&T common stock according to this Form 4?
Yes. The filing shows direct ownership of 723 shares of AT&T common stock. This is separate from the 14,917.1822 deferred stock units, which are held indirectly through a benefit plan for the non-employee director.
How and when are AT&T deferred stock units for directors like Kelly J. Grier paid out?
The footnote explains each deferred stock unit is settled in cash equal to the value of one AT&T common share. Payment occurs after the director ceases serving, at times previously elected under the plan’s deferral choices.
Is Kelly J. Grier’s AT&T Form 4 transaction a market buy or sell?
No. The Form 4 shows a grant of deferred stock units classified as a compensation award. It is not an open-market purchase or sale of AT&T shares but an accrual under a director stock and deferral plan.