AT&T director granted 9,274 deferred stock units

Ubinas Luis A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Ubinas Luis A reported acquisition or exercise transactions in this Form 4 filing.

AT&T Inc. director Luis A. Ubinas received an award of 9,274.1935 Deferred Stock Units on May 29, 2026 under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. These units are an indirect holding through a benefit plan and represent deferred compensation, not an open-market trade.

Each unit tracks the value of one share of AT&T common stock and will be settled in cash after he ceases to be a director, at times he previously elected. Following this grant, he indirectly holds a total of 72,815.0975 deferred stock units under the plan.

Insider Trade Summary

Grant/Award: 9,274.1935 shares

Grant/Award 1 txn

Insider Ubinas Luis A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	9,274.1935	$24.80	$230K

Holdings After Transaction: Deferred Stock Units — 72,815.0975 contracts (Indirect, By Benefit Plan)

Footnotes (1)

1. F1. 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: 9,274.1935 units Grant reference price: $24.8000 per unit Deferred Stock Units after grant: 72,815.0975 units +1 more

4 metrics

Deferred Stock Units granted 9,274.1935 units Grant on May 29, 2026 under director plan

Grant reference price $24.8000 per unit Price per underlying share for the Deferred Stock Units

Deferred Stock Units after grant 72,815.0975 units Total indirect holdings following the transaction

Underlying common stock 9,274.1935 shares Underlying AT&T common stock equivalent for the new units

Key Terms

Deferred Stock Units, AT&T Inc. Non-Employee Director Stock and Deferral Plan, benefit plan

3 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.

AT&T Inc. 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."

benefit plan financial

"nature_of_ownership": "By Benefit Plan""

FAQ

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

What did AT&T (T) director Luis A. Ubinas report in this Form 4?

Luis A. Ubinas reported receiving 9,274.1935 Deferred Stock Units as compensation. The units were granted under AT&T’s Non-Employee Director Stock and Deferral Plan and are held indirectly through a benefit plan, rather than via an open-market stock purchase or sale.

Is the AT&T (T) Form 4 for Luis A. Ubinas a stock purchase or sale?

The Form 4 shows a grant of Deferred Stock Units, not a stock purchase or sale. It reflects compensation awarded under a director benefit plan, with no open-market trading of AT&T common shares reported in this filing.

How many Deferred Stock Units does Luis A. Ubinas hold after this AT&T (T) grant?

After the reported grant, Luis A. Ubinas indirectly holds 72,815.0975 Deferred Stock Units. These units track the value of AT&T common stock and are credited under the company’s Non-Employee Director Stock and Deferral Plan as deferred compensation.

How will the Deferred Stock Units in this AT&T (T) Form 4 be paid out?

Each Deferred Stock Unit will be paid in cash equal to the value of one AT&T common share. Payment occurs after Ubinas ceases to be a director, at times he elected under the Non-Employee Director Stock and Deferral Plan.

Are Luis A. Ubinas’s AT&T (T) Deferred Stock Units held directly or indirectly?

The Deferred Stock Units are held indirectly by a benefit plan. The Form 4 notes the nature of ownership as “By Benefit Plan,” meaning the position is maintained within AT&T’s Non-Employee Director Stock and Deferral Plan structure.

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

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Accepted by SEC EDGAR 06/02/2026 - 04:05 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^*

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)
05/29/2026

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)	05/29/2026		A		9,274.1935		(1)	(1)	Common Stock	9,274.1935	$24.8	72,815.0975	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	06/02/2026
	** 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)