AT&T (NYSE: T) SVP reports performance share award and tax withholding

Rhea-AI Filing Summary

AT&T Inc. executive Sabrina Sanders S, SVP-Chief Accounting Officer and Controller, reported equity compensation activity in AT&T common stock on January 29, 2026. A benefit plan credited 26,350 performance shares, each equal in value to one share of common stock.

Shares were then used to cover 6,768.8779 shares of mandatory tax withholding at $25.13 per share, and 19,581.1221 shares were settled in cash after taxes. Following these transactions, the benefit plan held 3,038.921 shares, a 401(k) plan held 5,165.6566 shares based on a November 30, 2025 statement, and 165,594 shares were held directly.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Sabrina Sanders S

Role SVP-ChiefActngOfcr&Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	26,350	$0.00	--
Tax Withholding	Common Stock	6,768.878	$25.13	$170K
Disposition	Common Stock	19,581.122	$25.13	$492K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 29,388.921 shares (Indirect, By Benefit Plan); Common Stock — 165,594 shares (Direct)

Footnotes (1)

1. Total performance shares distributed. Each performance share is equivalent in value to a share of common stock. Mandatory tax withholding on distribution of performance shares. Represents balance of the performance shares, distributed in cash, after taxes. Based on a 401(k) plan statement dated 11/30/2025.

Form 4 Insider Transactions: What Each Field Means →

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^*

Sabrina Sanders S

(Last) (First) (Middle)

208 S. AKARD ST.

(Street)

DALLAS TX 75202

(City) (State) (Zip)

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)
	SVP-ChiefActngOfcr&Controller

3. Date of Earliest Transaction (Month/Day/Year)
01/29/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/29/2026		A(1)		26,350	A	(2)	29,388.921	I	By Benefit Plan
Common Stock	01/29/2026		F(3)		6,768.8779	D	$25.13	22,620.0431	I	By Benefit Plan
Common Stock	01/29/2026		D(4)		19,581.1221	D	$25.13	3,038.921	I	By Benefit Plan
Common Stock								5,165.6566(5)	I	By 401(k)
Common Stock								165,594	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. Total performance shares distributed.

2. Each performance share is equivalent in value to a share of common stock.

3. Mandatory tax withholding on distribution of performance shares.

4. Represents balance of the performance shares, distributed in cash, after taxes.

5. Based on a 401(k) plan statement dated 11/30/2025.

	/s/ Johnell C. Holland, Attorney-in-fact	02/02/2026
	** 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.

FAQ

What insider activity did AT&T (T) report for Sabrina Sanders S?

AT&T reported that executive Sabrina Sanders S received performance-based common stock through a benefit plan. Part of these shares covered tax withholding, and the remaining performance shares were largely settled in cash, leaving smaller residual share balances in the benefit plan, 401(k), and direct holdings.

How many AT&T (T) performance shares were distributed on January 29, 2026?

A total of 26,350 performance shares were distributed on January 29, 2026 through a benefit plan. Each performance share is equivalent in value to one share of AT&T common stock, reflecting equity compensation rather than an open-market purchase at a stated price.

How were taxes handled on the AT&T (T) performance share distribution?

Mandatory tax withholding was satisfied by using 6,768.8779 common shares valued at $25.13 per share. These shares were withheld from the performance share distribution instead of paying cash, a common method for covering income and payroll tax obligations on equity compensation awards.

What happened to the remaining AT&T (T) performance shares after taxes?

After tax withholding, the remaining 19,581.1221 performance shares were distributed in cash rather than retained as stock. This means the value of those shares was settled monetarily, with only a smaller residual share balance continuing in the reported benefit plan account.

What AT&T (T) shares does Sabrina Sanders S hold after these transactions?

After these transactions, the benefit plan held 3,038.921 AT&T shares for Sabrina Sanders S, her 401(k) plan reflected 5,165.6566 shares based on a November 30, 2025 statement, and she also reported 165,594 shares held directly in her own name.

Is the AT&T (T) Form 4 transaction an open-market stock trade?

The transactions reflect equity compensation activity and related tax withholding, not a discretionary open-market trade. Shares were distributed as performance awards, with some withheld for taxes and others settled in cash, all reported as indirect holdings through a benefit plan and related accounts.