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AT&T Inc. (NYSE: T) awards Luczo 1,715.7077 deferred stock units in plan

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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 a grant of 1,715.7077 deferred stock units on 2026-07-31 at a reference value of $23.2500 per unit under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. These units are held indirectly through a benefit plan, bring his deferred-unit balance to 145,464.1927, and will be settled in cash equal to the value of one share of AT&T common stock after he ceases to be a director at times he elected. Separate indirect holdings of 167,000 and 395,500 common shares are reported in family-related trusts.

Positive

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Insider LUCZO STEPHEN J
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units F1 1,715.7077 $23.25 $40K
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Deferred Stock Units — 145,464.1927 shares (Indirect, By Benefit Plan); Common Stock — 167,000 shares (Indirect, By Family Trust); Common Stock — 395,500 shares (Indirect, By Trust)
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 1,715.7077 units Grant to Stephen J. Luczo on 2026-07-31 under Non-Employee Director Stock and Deferral Plan
Grant reference value $23.2500 per unit Reference value used for the 1,715.7077 deferred stock units granted on 2026-07-31
Deferred stock units after grant 145,464.1927 units Total indirect deferred stock units held through a benefit plan following the reported grant
Indirect common stock – Family Trust 167,000.0000 shares Indirect common stock holdings reported as held by Family Trust on 2026-07-31
Indirect common stock – Trust 395,500.0000 shares Indirect common stock holdings reported as held by Trust on 2026-07-31
Deferred Stock Units financial
"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock"
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
"total deferred stock units held indirectly By Benefit Plan after the transaction"
Family Trust financial
"Common Stock holdings of 167,000.0000 shares reported as By Family Trust"

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FAQ

What insider transaction did AT&T (T) director Stephen J. Luczo report?

Stephen J. Luczo reported a grant of 1,715.7077 deferred stock units on 2026-07-31 under AT&T’s Non-Employee Director Stock and Deferral Plan. The units are held indirectly through a benefit plan and increase his deferred-unit balance to 145,464.1927.

At what value were the new deferred stock units for AT&T (T) director Luczo recorded?

The 1,715.7077 deferred stock units were recorded at a reference value of $23.2500 per unit. This value is used for the award calculation, while payout will be in cash equal to the value of one AT&T common share per unit at distribution.

How and when will Stephen J. Luczo’s AT&T (T) deferred stock units be paid?

Each deferred stock unit will be paid in cash equal to the value of one AT&T common share after Luczo ceases to be a director. Payments occur at times he previously elected under the Non-Employee Director Stock and Deferral Plan.

What are Stephen J. Luczo’s total deferred stock unit holdings at AT&T (T) after this grant?

Following the 1,715.7077-unit grant, Luczo holds 145,464.1927 deferred stock units indirectly through a benefit plan. These units represent cash-settled rights tied to AT&T’s common stock value, not currently issued shares.

What indirect common stock holdings by trusts are reported for AT&T (T) director Luczo?

Indirect common stock positions include 167,000 shares held by a Family Trust and 395,500 shares held by a Trust. These entries report share balances as of 2026-07-31 and do not themselves indicate new purchases or sales.

Was Stephen J. Luczo’s AT&T (T) award made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as relying on a 10b5-1 plan. The reported Form 4 entry covers a director compensation grant of deferred stock units rather than an open-market trade under a pre-arranged trading plan.
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*
LUCZO STEPHEN J

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

(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 Stock167,000IBy Family Trust
Common Stock395,500IBy Trust
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)07/31/2026A1,715.7077 (1) (1)Common Stock1,715.7077$23.25145,464.1927IBy 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)