AT&T (NYSE: T) CMO receives RSUs and large performance share distribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AT&T Inc. Chief Marketing & Growth Officer Kenny Kellyn Smith reported multiple equity-related transactions on 01/29/2026. A grant of 34,819 restricted stock units (2026) was received under the 2018 Incentive Plan, each unit converting into one share of common stock with vesting over 2027–2029. A benefit plan associated with the officer acquired 102,300 shares of common stock as performance shares were distributed, with part of the award used for mandatory tax withholding and part settled in cash at $25.13 per share. Following these movements, the filing shows 228,712 shares held directly and additional common stock held indirectly through a benefit plan and a 401(k) account.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Smith Kenny Kellyn
Role
Chief Marketing & Growth Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (2026) | 34,819 | $0.00 | -- |
| Grant/Award | Common Stock | 102,300 | $0.00 | -- |
| Tax Withholding | Common Stock | 37,565.895 | $25.13 | $944K |
| Disposition | Common Stock | 42,725.105 | $25.13 | $1.07M |
| Disposition | Common Stock | 22,009 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (2026) — 34,819 shares (Direct);
Common Stock — 102,300 shares (Indirect, By Benefit Plan);
Common Stock — 228,712 shares (Direct)
Footnotes (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 portion of the performance shares distributed in cash, after taxes. Reflects transfer of 22,009 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares. Based on a 401(k) plan statement dated 11/30/2025. Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 2/15/2027, 2/15/2028, and 2/15/2029. Vesting (but not distribution) is accelerated on retirement eligibility.
FAQ
What did AT&T (T) disclose about Kenny Kellyn Smith’s equity awards?
AT&T reported that Chief Marketing & Growth Officer Kenny Kellyn Smith received 34,819 restricted stock units (2026) under the 2018 Incentive Plan. Each unit converts into one share of common stock, with vesting and distribution scheduled in three annual installments beginning in February 2027.
How do the new restricted stock units for AT&T (T) vest over time?
The 34,819 restricted stock units (2026) vest and distribute in three equal installments. One-third vests and distributes on each of February 15, 2027, February 15, 2028, and February 15, 2029, with vesting accelerated upon retirement eligibility but distribution remaining on that schedule.