AT&T director awarded deferred stock units

MAYER MARISSA A reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 08/04/2026 - 04:11 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

MAYER MARISSA A reported acquisition or exercise transactions in this Form 4 filing.

Marissa A. Mayer, a director of AT&T Inc., received an award of 543.3257 deferred stock units on 2026-07-31 at a reference value of $23.25 per unit under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. These units are held indirectly through a benefit plan, bringing her total deferred stock units to 46,065.2057, and will be settled in cash equal to the value of AT&T common stock after she ceases to be a director.

Insider Trade Summary

Grant/Award: 543.3257 shares

Grant/Award 1 txn

Insider MAYER MARISSA A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units F1	543.3257	$23.25	$13K

Holdings After Transaction: Deferred Stock Units — 46,065.2057 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 acquired: 543.3257 units Reference value per unit: $23.25 Deferred stock units after award: 46065.2057 units +1 more

4 metrics

Deferred stock units acquired 543.3257 units Award to Marissa A. Mayer on 2026-07-31

Reference value per unit $23.25 Value per deferred stock unit for this award

Deferred stock units after award 46065.2057 units Total deferred stock units credited after the transaction

Derivative transactions reported 1 transaction Number of derivative-type transactions in this insider report

Key Terms

Deferred Stock Units, AT&T Inc. Non-Employee Director Stock and Deferral Plan, underlying security, indirect ownership

4 terms

Deferred Stock Units financial

"Security title reported as Deferred Stock Units credited to a benefit 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"

underlying security financial

"Underlying security title identified as Common Stock for the deferred units"

indirect ownership financial

"Ownership type reported as indirect, by benefit plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Marissa Mayer report for AT&T (T)?

Marissa A. Mayer reported receiving 543.3257 deferred stock units linked to AT&T common stock on 2026-07-31. The units, valued at $23.25 per unit, were granted under AT&T’s Non-Employee Director Stock and Deferral Plan as part of her board compensation.

How many AT&T (T) deferred stock units does Marissa Mayer now hold?

After this award, Marissa A. Mayer holds a total of 46,065.2057 deferred stock units credited under a benefit plan. Each unit tracks the value of one share of AT&T common stock and represents a cash-settled obligation payable after her board service ends.

How will Marissa Mayer’s AT&T (T) deferred stock units be settled?

The deferred stock units will be paid out in cash after Marissa A. Mayer ceases to be a director. Each unit pays an amount equal to the value of one share of AT&T common stock at the payment times she previously elected under the plan.

Are Marissa Mayer’s AT&T (T) deferred stock units held directly or indirectly?

The award is reported as indirect ownership, held “By Benefit Plan.” This means the deferred stock units are credited within a plan account associated with Marissa A. Mayer rather than as shares she holds directly in a traditional brokerage or personal ownership account.

Was Marissa Mayer’s AT&T (T) Form 4 transaction under a Rule 10b5-1 plan?

The Form 4 indicates the transaction was not affirmed as made under a Rule 10b5-1 trading plan. The document’s Rule 10b5-1 checkbox is not marked as being pursuant to such a pre-arranged trading arrangement for this deferred stock unit award.

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

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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)
07/31/2026

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)	07/31/2026		A		543.3257		(1)	(1)	Common Stock	543.3257	$23.25	46,065.2057	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	08/04/2026
	** 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)