AT&T (NYSE: T) CEO exercises RSUs and reports tax share withholding
Rhea-AI Filing Summary
AT&T Inc. CEO and President John T. Stankey reported multiple equity award transactions dated 01/15/2026. He converted 66,186 restricted stock units granted in 2023 and 77,050 restricted stock units granted in 2024 into shares of AT&T common stock at an exercise price of $0 per unit under the 2018 Incentive Plan. In connection with these distributions, 18,149 and 28,509 shares of common stock were withheld at a price of $23.61 per share for mandatory tax withholding on the restricted stock unit distributions.
Following these transactions, Stankey directly held 96,578 shares of AT&T common stock and 77,050 restricted stock units from the 2024 grant. He also reported indirect ownership of 17,169.2508 shares through a 401(k) plan, 76,121.297 shares through a benefit plan, 959,647 shares through a family trust, and 120,000 shares through a limited partnership. The footnotes state that each restricted stock unit converts into one share of common stock and describe vesting and distribution schedules, with vesting accelerated on retirement eligibility.
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FAQ
What insider transactions did AT&T (T) CEO John T. Stankey report on 01/15/2026?
On 01/15/2026, AT&T CEO John T. Stankey reported the conversion of 66,186 restricted stock units from a 2023 grant and 77,050 restricted stock units from a 2024 grant into AT&T common stock at an exercise price of $0 per unit, along with related share withholdings for taxes.
How many AT&T restricted stock units did John Stankey exercise and what remains outstanding?
Stankey exercised 66,186 restricted stock units from the 2023 award and 77,050 restricted stock units from the 2024 award into common shares. After these transactions, he reported holding 77,050 restricted stock units from the 2024 grant.
What AT&T common stock was withheld for taxes in John Stankey's Form 4 filing?
The Form 4 shows that 18,149 shares of AT&T common stock and 28,509 shares of AT&T common stock were disposed of at a price of $23.61 per share in transactions coded "F," which the footnotes describe as mandatory tax withholding on distribution of restricted stock units.
How many AT&T shares does John Stankey hold directly after these transactions?
After the reported transactions on 01/15/2026, John Stankey directly held 96,578 shares of AT&T common stock according to the filing.
What indirect AT&T share holdings does John Stankey report?
The filing reports indirect ownership of AT&T common stock as 17,169.2508 shares through a 401(k) plan, 76,121.297 shares through a benefit plan, 959,647 shares through a family trust, and 120,000 shares through a limited partnership.
How do John Stankey's AT&T restricted stock units vest and distribute?
For the 2023 restricted stock units, one-third vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. For the 2024 restricted stock units, one-third vests and distributes on each of 1/15/2025, 1/15/2026, and 1/15/2027. The footnotes state that vesting, but not distribution, is accelerated on retirement eligibility.