AT&T CFO acquires deferred stock units via plan
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
AT&T Inc. senior executive vice president and CFO Pascal Desroches acquired 3,487.472 deferred stock units tied to common stock on July 31, 2026 at $23.25 per unit through a benefit plan, with units settled in stock on a 1-for-1 basis using payroll deductions and company matching contributions.
After this acquisition, he holds 134,269.572 deferred stock units through the benefit plan, plus 8,173.8549 common shares indirectly via a 401(k) (based on a June 30, 2026 plan statement), 724,500 shares held directly, and 352,000 shares held indirectly through a limited partnership.
Insider Trade Summary
Grant/Award: 3,487.472 shares
Grant/Award
1 txn
Insider
Desroches Pascal
Role
Sr. Exec VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,487.472 | $23.25 | $81K |
| Holding | Common Stock F2 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 134,269.572 shares (Indirect, By Benefit Plan);
Common Stock — 8,173.8549 shares (Indirect, By 401(k));
Common Stock — 724,500 shares (Direct);
Common Stock — 352,000 shares (Indirect, By LP)
Footnotes (2)
- 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.
- F2. Based on a 401(k) plan statement dated 6/30/2026.
Key Figures
Deferred stock units acquired: 3,487.472 units
Price per deferred stock unit: $23.2500
Benefit plan holdings after transaction: 134,269.572 units
+3 more
6 metrics
Deferred stock units acquired
3,487.472 units
Grant/award acquisition of units tied to common stock on 2026-07-31
Price per deferred stock unit
$23.2500
Per-unit value for the July 31, 2026 benefit plan acquisition
Benefit plan holdings after transaction
134,269.572 units
Deferred stock units settled in stock on a 1-for-1 basis
401(k) plan holdings
8,173.8549 shares
Common stock held indirectly via 401(k), based on 6/30/2026 plan statement
Direct common stock holdings
724,500.0000 shares
AT&T common stock held directly following July 31, 2026 update
Indirect LP holdings
352,000.0000 shares
AT&T common stock held indirectly through a limited partnership
Key Terms
deferred stock units, partial company matching contributions, settled only in stock on a 1-for-1 basis, 401(k) plan statement, +1 more
5 terms
deferred stock units financial
"Represents deferred stock units purchased by the reporting person with automatic payroll deductions"
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.
partial company matching contributions financial
"purchased by the reporting person with automatic payroll deductions and partial company matching contributions"
settled only in stock on a 1-for-1 basis financial
"Deferred stock units are settled only in stock on a 1-for-1 basis"
401(k) plan statement financial
"Based on a 401(k) plan statement dated 6/30/2026"
limited partnership financial
"Common stock held indirectly by LP as a limited partnership interest"
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AT&T (T) report for CFO Pascal Desroches?
AT&T reported that CFO Pascal Desroches acquired 3,487.472 deferred stock units linked to its common stock on July 31, 2026 at $23.25 per unit. The units were obtained through a benefit plan using payroll deductions and partial company matching contributions.
How were the deferred stock units acquired by AT&T (T) CFO Pascal Desroches?
The 3,487.472 deferred stock units were purchased with automatic payroll deductions and partial company matching contributions under a benefit plan. According to the disclosure, these deferred stock units are settled only in stock on a 1-for-1 basis with AT&T common shares.
What does the benefit plan holding represent in AT&T (T) CFO’s ownership?
The benefit plan holding represents deferred stock units that are settled only in stock on a 1-for-1 basis. After the July 31, 2026 transaction, Pascal Desroches has 134,269.572 such units, providing stock-linked compensation rather than immediate common shares.
Is the AT&T (T) CFO’s acquisition a market purchase or a plan award?
The 3,487.472 units are reported under transaction code A, described as a grant, award, or other acquisition through a benefit plan. The footnote specifies they were funded by payroll deductions and company match, not as an open-market stock purchase or sale.
Was the AT&T (T) CFO’s transaction made under a Rule 10b5-1 trading plan?
The disclosure does not state that the transaction was made under a Rule 10b5-1 trading plan. The document’s specific 10b5-1 checkbox is not checked, and no footnote references any pre-arranged trading plan for this acquisition of deferred stock units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
