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AT&T (NYSE: T) director Kennard receives 9,274 deferred stock units grant

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AT&T Inc. director William E. Kennard reported an award of 9,274.1935 Deferred Stock Units on May 29, 2026. These units were acquired under the AT&T Inc. Non-Employee Director Stock and Deferral Plan and are held indirectly through a benefit plan. Each unit will be settled in cash equal to the value of one share of AT&T common stock after he ceases to be a director, at times he has elected. Following this award, his reported balance in this plan is 144,758.5119 Deferred Stock Units.

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Insider Kennard William E
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 9,274.194 $24.80 $230K
Holdings After Transaction: Deferred Stock Units — 144,758.512 shares (Indirect, By Benefit Plan)
Footnotes (1)
  1. [object Object]
Deferred Stock Units granted 9,274.1935 units Grant on May 29, 2026 under director deferral plan
Price reference per unit $24.8000 per unit Transaction price per unit for the May 29, 2026 grant
Deferred Stock Units after transaction 144,758.5119 units Total reported balance in benefit plan after grant
Underlying security 9,274.1935 shares Underlying AT&T common stock per Deferred Stock Unit grant
Deferred Stock Units financial
"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."
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.
Non-Employee Director Stock and Deferral Plan financial
"acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."
indirect ownership financial
"nature_of_ownership: By Benefit Plan, ownership_type: indirect"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Kennard William E
(Last)(First)(Middle)
208 S. AKARD STREET
(Street)
DALLAS TEXAS 75202
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
AT&T INC. [ T ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)05/29/2026A9,274.1935 (1) (1)Common Stock9,274.1935$24.8144,758.5119IBy 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-fact06/02/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did AT&T (T) director William E. Kennard report in this Form 4?

William E. Kennard reported receiving 9,274.1935 Deferred Stock Units. The units were granted under the AT&T Inc. Non-Employee Director Stock and Deferral Plan and increase his indirect holdings in this benefit plan to 144,758.5119 units.

How many AT&T (T) Deferred Stock Units were awarded to William E. Kennard?

He was awarded 9,274.1935 Deferred Stock Units. These units are linked to AT&T common stock and represent a deferred form of value that will be paid in cash after he leaves the board, based on the stock’s value then.

How are William E. Kennard’s AT&T (T) Deferred Stock Units held?

The Deferred Stock Units are held indirectly through a benefit plan. The Form 4 identifies the ownership as “By Benefit Plan,” meaning the plan holds the units on his behalf rather than as direct common stock ownership.

When will William E. Kennard receive value from these AT&T (T) Deferred Stock Units?

He will receive value after he ceases to be a director. At that time, each Deferred Stock Unit is paid out in cash equal to the value of one share of AT&T common stock, at payout times previously elected by him.

What is William E. Kennard’s total AT&T (T) Deferred Stock Unit balance after this award?

After this award, his reported balance is 144,758.5119 Deferred Stock Units. This figure reflects all such units held through the benefit plan following the May 29, 2026 grant disclosed in the Form 4 filing.