AT&T (NYSE: T) director Marissa Mayer adds deferred stock units

Rhea-AI Filing Summary

AT&T Inc. director Marissa A. Mayer reported acquiring 305.6514 deferred stock units on January 30, 2026 at $26.21 per unit under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After this transaction, she beneficially owned 29,174.5683 deferred stock units, held indirectly through a benefit plan. Each unit will be paid in cash equal to the value of one share of AT&T common stock after she ceases to be a director, at times she has elected.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MAYER MARISSA A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	305.651	$26.21	$8K

Holdings After Transaction: Deferred Stock Units — 29,174.568 shares (Indirect, By Benefit Plan)

Footnotes (1)

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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^*

MAYER MARISSA A

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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

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)	01/30/2026		A		305.6514		(1)	(1)	Common Stock	305.6514	$26.21	29,174.5683	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	02/03/2026
	** 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.

FAQ

What insider transaction did Marissa A. Mayer report at AT&T (T)?

Marissa A. Mayer reported acquiring 305.6514 deferred stock units in AT&T Inc. on January 30, 2026. The units were credited at a price of $26.21 per unit under the Non-Employee Director Stock and Deferral Plan.

How many AT&T deferred stock units does Marissa A. Mayer now hold?

After the reported transaction, Marissa A. Mayer beneficially owned 29,174.5683 deferred stock units. These holdings are reported as indirect ownership, held through a benefit plan associated with AT&T’s Non-Employee Director Stock and Deferral Plan.

What are the terms of AT&T’s deferred stock units for directors?

The deferred stock units are issued under AT&T’s Non-Employee Director Stock and Deferral Plan. After the director ceases service, each unit is settled in cash equal to the value of one share of AT&T common stock, at payout times elected by the director.

Was Marissa A. Mayer’s AT&T Form 4 transaction direct or indirect?

The Form 4 reports Marissa A. Mayer’s deferred stock units as indirect ownership, labeled “By Benefit Plan.” This indicates the 29,174.5683 units are held through a benefit plan rather than as directly held common shares in her own name.

What transaction code was used for Marissa A. Mayer’s AT&T deferred units?

The transaction is coded “A” on the Form 4, indicating an acquisition of derivative securities. Specifically, 305.6514 deferred stock units were acquired under AT&T’s Non-Employee Director Stock and Deferral Plan at a reference price of $26.21 per unit.