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AT&T Inc. (NYSE: T) director granted 178 deferred stock units

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(Neutral)
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 received an award of 178.0438 Deferred Stock Units on July 31, 2026, valued at $23.2500 per unit under the AT&T Non-Employee Director Stock and Deferral Plan. These units are held indirectly through a benefit plan, bringing that position to 15,095.2260 units, and are payable in cash equal to the value of one AT&T common share per unit after Grier ceases to be a director. Grier also reports 723.0000 AT&T common shares held directly.

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Insider Grier Kelly J
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units F1 178.0438 $23.25 $4K
holding Common Stock -- -- --
Holdings After Transaction: Deferred Stock Units — 15,095.226 shares (Indirect, By Benefit Plan); Common Stock — 723 shares (Direct)
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.
Deferred Stock Units granted 178.0438 units Grant to director Kelly J. Grier on July 31, 2026
Grant value per unit $23.2500 per unit Valuation applied to the deferred stock unit award
Deferred Stock Units after grant 15095.2260 units Indirect holdings via benefit plan following the transaction
Direct common shares held 723.0000 shares Direct AT&T common stock position reported for Kelly J. Grier
Deferred Stock Units financial
"Security title reported as Deferred Stock Units acquired as compensation."
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."
Benefit Plan financial
"Indirect ownership reported as By Benefit Plan for the units."

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FAQ

What transaction did AT&T (T) director Kelly J. Grier report?

Kelly J. Grier reported receiving 178.0438 Deferred Stock Units on July 31, 2026 under AT&T’s Non-Employee Director Stock and Deferral Plan. These units represent deferred compensation linked to AT&T common stock and are payable in cash after Grier’s board service ends.

How many AT&T (T) Deferred Stock Units does Kelly J. Grier hold after this filing?

After this award, Kelly J. Grier holds 15,095.2260 Deferred Stock Units indirectly through a benefit plan. Each unit is tied to the value of one AT&T common share and will be settled in cash after Grier is no longer a director, at elected times.

What is the value per unit of the Deferred Stock Units granted to AT&T (T) director Grier?

The Deferred Stock Unit grant to Kelly J. Grier is valued at $23.2500 per unit. This valuation applies to the 178.0438 units awarded on July 31, 2026, under AT&T’s Non-Employee Director Stock and Deferral Plan as reported in the Form 4.

Does Kelly J. Grier hold AT&T (T) common stock directly as well as Deferred Stock Units?

Yes. In addition to Deferred Stock Units, Kelly J. Grier reports holding 723.0000 shares of AT&T common stock directly. The Deferred Stock Units are reported as held indirectly through a benefit plan and will be paid out in cash linked to AT&T’s share value.

How and when will AT&T (T) Deferred Stock Units granted to Grier be paid out?

Each Deferred Stock Unit will be paid in cash equal to one AT&T common share’s value after Kelly J. Grier ceases to be a director. The payout timing follows elections made by Grier under the AT&T Non-Employee Director Stock and Deferral Plan.

Are Kelly J. Grier’s AT&T (T) Deferred Stock Units held directly or indirectly?

Kelly J. Grier’s Deferred Stock Units are reported as held indirectly "By Benefit Plan" with post-award holdings of 15,095.2260 units. This indicates the units are maintained through a benefit plan arrangement rather than as directly registered common shares.
SEC Form 4
FORM 4UNITED 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*
Grier Kelly J

(Last)(First)(Middle)
208 S. AKARD STREET

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock723D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)07/31/2026A178.0438 (1) (1)Common Stock178.0438$23.2515,095.226IBy 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-fact08/04/2026
** Signature of Reporting PersonDate
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)