AT&T COO Jeffery S. McElfresh acquires 2,969 stock units

The deferred stock units are settled only in stock on a 1-for-1 basis, and the reported benefit-plan position afterward was 186,992 shares.

Available on EDGAR 11/03/2026 - 04:58 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:58 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

AT&T Chief Operating Officer Jeffery S. McElfresh acquired 2,969 deferred stock units on October 30, 2026, through the benefit plan; the units were purchased with automatic payroll deductions and partial company matching contributions, at a reported per-share price of $21.41. The reported benefit-plan position after the transaction was 186,992 shares. Separate holdings included 9,812 shares in a 401(k), based on a plan statement dated September 30, 2026, and 724,034 directly held shares as of October 30, 2026.

Insider Trade Summary

Grant/Award: 2,969.003 shares

Grant/Award 1 txn

Insider McElfresh Jeffery S.

Role Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	2,969.003	$21.41	$64K
Holding	Common Stock F2	--	--	--
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 186,991.858 shares (Indirect, By Benefit Plan); Common Stock — 9,811.6198 shares (Indirect, By 401(k)); Common Stock — 724,034 shares (Direct)

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 9/30/2026.

Key Figures

Deferred stock units acquired: 2,969 units Reported per-share price: $21.41 per share Benefit-plan position after transaction: 186,992 shares +3 more

6 metrics

Deferred stock units acquired 2,969 units October 30, 2026

Reported per-share price $21.41 per share Deferred stock unit acquisition on October 30, 2026

Benefit-plan position after transaction 186,992 shares Reported after the October 30, 2026 transaction

401(k) holdings 9,812 shares Based on a plan statement dated September 30, 2026

Direct holdings 724,034 shares October 30, 2026

Deferred stock unit settlement 1-for-1 basis Settled only in stock

Key Terms

deferred stock units, automatic payroll deductions, 1-for-1 basis

3 terms

deferred stock units financial

"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

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

How many deferred stock units did AT&T COO Jeffery S. McElfresh acquire?

He acquired 2,969 deferred stock units on October 30, 2026, at a reported per-share price of $21.41. The units were purchased with 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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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^*

McElfresh Jeffery S.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

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
Common Stock	10/30/2026		A(1)		2,969.003	A	$21.41	186,991.858	I	By Benefit Plan
Common Stock								9,811.6198(2)	I	By 401(k)
Common Stock								724,034	D

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

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 9/30/2026.

	/s/ Johnell C. Holland, Attorney-in-fact	11/03/2026
	** 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)