AT&T (NYSE: T) director adds 9,274 deferred stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LUCZO STEPHEN J reported acquisition or exercise transactions in this Form 4 filing.
AT&T Inc. director Stephen J. Luczo received an award of 9,274.1935 deferred stock units on common stock, classified as an indirect holding through a benefit plan. The units were valued at $24.8000 each and increase his benefit plan balance to 136,985.2000 units.
According to the plan, each unit will be paid out in cash equal to the value of one AT&T common share after he ceases to be a director, at times he has elected. He also indirectly holds 395,500 common shares through a trust and 167,000 common shares through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
LUCZO STEPHEN J
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 — 136,985.2 shares (Indirect, By Benefit Plan);
Common Stock — 167,000 shares (Indirect, By Family Trust)
Footnotes (1)
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Key Figures
Deferred stock units granted: 9,274.1935 units
Reference price per unit: $24.8000 per unit
Deferred stock units after grant: 136,985.2000 units
+2 more
5 metrics
Deferred stock units granted
9,274.1935 units
Award to Stephen J. Luczo on May 29, 2026
Reference price per unit
$24.8000 per unit
Valuation for deferred stock unit award
Deferred stock units after grant
136,985.2000 units
Indirect holding via benefit plan following transaction
Trust common stock holding
395,500 shares
Indirect holding by trust following transaction
Family trust common stock holding
167,000 shares
Indirect holding by family trust following transaction
Key Terms
Deferred stock units, AT&T Inc. Non-Employee Director Stock and Deferral Plan, By Benefit Plan, By 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.
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."
By Benefit Plan financial
"Deferred Stock Units ... indirect ownership type noted as By Benefit Plan."
By Trust financial
"Common Stock ... indirect ownership type noted as By Trust."
By Family Trust financial
"Common Stock ... indirect ownership type noted as By Family Trust."
FAQ
What insider activity did AT&T (T) report for Stephen J. Luczo?
AT&T reported that director Stephen J. Luczo received 9,274.1935 deferred stock units as an indirect holding through a benefit plan. These units represent compensation linked to AT&T’s common stock value, rather than an open-market purchase or sale.
How many deferred stock units does Stephen J. Luczo now hold at AT&T (T)?
After the latest grant, Stephen J. Luczo holds 136,985.2000 deferred stock units indirectly through a benefit plan. Each unit tracks the value of one AT&T common share and will eventually be settled in cash after his board service ends.
At what reference price were Stephen J. Luczo’s new AT&T (T) deferred units awarded?
The 9,274.1935 newly awarded deferred stock units were valued at a reference price of $24.8000 per unit. This price is used for calculating the size of the compensation award tied to AT&T’s common stock.
How are Stephen J. Luczo’s AT&T (T) deferred stock units settled?
The deferred stock units are settled in cash, not shares. After Stephen J. Luczo ceases to be a director, each unit pays cash equal to the value of one AT&T common share at payout times he previously elected.
What indirect common stock holdings does Stephen J. Luczo have in AT&T (T)?
Stephen J. Luczo indirectly holds 395,500 AT&T common shares through a trust and 167,000 common shares through a family trust. These positions are separate from his deferred stock units, which are cash-settled compensation awards.