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AT&T CFO Pascal Desroches acquires 1,836 stock units

The deferred stock units are settled only in stock on a 1-for-1 basis.

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Form Type
4

Rhea-AI Filing Summary

AT&T Inc. Sr. Exec VP and CFO Pascal Desroches reported acquiring 1,836 deferred stock units on September 30, 2026, at $24.40 per share, through automatic payroll deductions and partial company matching contributions. The units were held indirectly by a Benefit Plan; the reported post-transaction balance was 137,835 shares. Other common-stock holdings reported on September 30 were 724,500 shares directly and 352,000 shares by LP; 8,275 shares were reported by 401(k), based on a plan statement dated August 31, 2026.

Insider Desroches Pascal
Role Sr. Exec VP and CFO
Type Security Shares Price Value
Grant/Award Common Stock F1 1,835.724 $24.40 $45K
holding Common Stock F2 -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 137,835.372 shares (Indirect, By Benefit Plan); Common Stock — 8,274.7789 shares (Indirect, By 401(k)); Common Stock — 724,500 shares (Direct); Common Stock — 352,000 shares (Indirect, By LP)
Footnotes (2)
  1. F1. Represents deferred stock units purchased by the reporting person with automatic payroll deductions and partial company matching contributions. Deferred stock units are settled only in stock on a 1-for-1 basis.
  2. F2. Based on a 401(k) plan statement dated 8/31/2026.
Deferred stock units acquired 1,836 shares September 30, 2026
Price per share $24.40 per share Deferred stock units acquired September 30, 2026
Benefit Plan holdings after transaction 137,835 shares Reported after the September 30, 2026 acquisition
401(k) holdings 8,275 shares Based on a plan statement dated August 31, 2026
Direct common-stock holdings 724,500 shares Reported September 30, 2026
LP common-stock holdings 352,000 shares Reported September 30, 2026
deferred stock units financial
"Represents deferred stock units purchased by the reporting person"
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.
automatic payroll deductions financial
"with automatic payroll deductions and partial company matching contributions"
1-for-1 basis financial
"settled only in stock on a 1-for-1 basis"

FAQ

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How many deferred stock units did AT&T (T) CFO Pascal Desroches acquire?

Pascal Desroches acquired 1,836 deferred stock units on September 30, 2026, at $24.40 per share. The units were purchased through automatic payroll deductions and partial company matching contributions, and are settled only in stock on a 1-for-1 basis.

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

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Learn about SEC filing dates
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*
Desroches Pascal

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. Exec VP and CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026
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 Stock09/30/2026A(1)1,835.724A$24.4137,835.372IBy Benefit Plan
Common Stock8,274.7789(2)IBy 401(k)
Common Stock724,500D
Common Stock352,000IBy LP
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
Explanation of Responses:
1. Represents deferred stock units purchased by the reporting person with automatic payroll deductions and partial company matching contributions. Deferred stock units are settled only in stock on a 1-for-1 basis.
2. Based on a 401(k) plan statement dated 8/31/2026.
/s/ Johnell C. Holland, Attorney-in-fact10/02/2026
** 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)

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