AT&T director granted deferred stock units

AT&T Inc. director Marissa A. Mayer received an award of deferred stock units under the company’s Non-Employee Director Stock and Deferral Plan.

Rhea-AI Filing Summary

AT&T Inc. director Marissa A. Mayer received an award of deferred stock units under the company’s Non-Employee Director Stock and Deferral Plan. The grant covers 9,274.1935 deferred stock units, each tied to the value of one share of AT&T common stock, with no exercise price. These units are held indirectly through a benefit plan and will be settled in cash after she ceases to be a director, at times she has elected. Following this award, she holds a total of 38,758.595 deferred stock units under the plan.

Insider Trade Summary

Grant/Award: 9,274.1935 shares

Grant/Award 1 txn

Insider MAYER MARISSA 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 — 38,758.595 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 Reference price per unit: $24.8000 per unit Total deferred stock units after grant: 38,758.595 units +2 more

5 metrics

Deferred stock units granted 9,274.1935 units Director award on 2026-05-29

Reference price per unit $24.8000 per unit Grant-date value basis

Total deferred stock units after grant 38,758.595 units Holdings following transaction

Exercise price $0.0000 Deferred stock units have no exercise price

Underlying security Common Stock Each unit tied to one AT&T common share

Key Terms

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

"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"

indirect ownership financial

"direct_or_indirect: I, 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 Marissa Mayer report in this Form 4?

Marissa Mayer reported receiving 9,274.1935 deferred stock units as a director award. These units are part of AT&T’s Non-Employee Director Stock and Deferral Plan and are tied to the value of AT&T common stock.

How many AT&T (T) deferred stock units does Marissa Mayer hold after this grant?

After this grant, Marissa Mayer holds 38,758.595 deferred stock units. This total reflects indirect holdings through a benefit plan and represents her accumulated director compensation deferrals in stock-based units.

What are deferred stock units in AT&T’s (T) director plan?

Deferred stock units are bookkeeping entries that track the value of AT&T common stock. For non-employee directors, each unit represents the value of one share and is paid later in cash instead of immediate stock delivery.

When will Marissa Mayer’s AT&T (T) deferred stock units be paid out?

The deferred stock units will be paid in cash after Marissa Mayer ceases to be a director. Payments equal the value of one AT&T common share per unit at payout, at times she previously elected under the plan.

Does this AT&T (T) Form 4 show an open-market stock purchase or sale?

No, this Form 4 reports a compensation-related award of deferred stock units. The units are granted under AT&T’s Non-Employee Director Stock and Deferral Plan and are not an open-market purchase or sale of AT&T shares.

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

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Accepted by SEC EDGAR 06/02/2026 - 03:57 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^*

MAYER MARISSA 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	38,758.595	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)