STOCK TITAN

AT&T (NYSE: T) executive acquires deferred stock units in benefit plan

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

Rhea-AI Filing Summary

AT&T Inc. executive Lori M. Lee, Global Marketing Officer and SEVP International, reported an acquisition of common stock-linked deferred stock units through a benefit plan. She received 226.452 units at $24.80 per unit, held indirectly via a benefit plan and funded by automatic payroll deductions with partial company matching contributions. These deferred stock units are settled only in stock on a 1-for-1 basis, and the filing also lists indirect holdings in joint and 2024 trusts and a 401(k) plan.

Positive

  • None.

Negative

  • None.
Insider Lee Lori M
Role Global Mktg Ofr & SEVP Intl
Type Security Shares Price Value
Grant/Award Common Stock 226.452 $24.80 $6K
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 9,009.961 shares (Indirect, By Benefit Plan)
Footnotes (1)
  1. 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. Based on a 401(k) plan statement dated 4/30/2026.
Deferred stock units acquired 226.452 units Benefit plan grant on 2026-05-29
Unit value $24.80 per unit Value for deferred stock units acquired
Benefit plan holdings after transaction 9,009.961 units Deferred stock units held indirectly by benefit plan
Joint trust holdings 190,818 shares AT&T common stock held indirectly by joint trust
2024 trust holdings 391,151 shares AT&T common stock held indirectly by 2024 trust
401(k) holdings 14,585.1471 units Common stock units in 401(k) based on 4/30/2026 statement
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.
automatic payroll deductions financial
"purchased by the reporting person with automatic payroll deductions and partial company matching contributions"
company matching contributions financial
"automatic payroll deductions and partial company matching contributions"
401(k) plan financial
"Based on a 401(k) plan statement dated 4/30/2026"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
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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*
Lee Lori M

(Last)(First)(Middle)
208 S. AKARD ST.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Global Mktg Ofr & SEVP Intl
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
Common Stock05/29/2026A(1)226.452A$24.89,009.961IBy Benefit Plan
Common Stock14,585.1471(2)IBy 401(k)
Common Stock391,151IBy 2024 Trust
Common Stock190,818IBy Joint Trust
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
Explanation of Responses:
1. 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.
2. Based on a 401(k) plan statement dated 4/30/2026.
/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)

FAQ

What did AT&T (T) executive Lori M. Lee report in this Form 4?

Lori M. Lee reported receiving deferred stock units tied to AT&T common stock through a benefit plan. The filing also updates her indirect holdings in a joint trust, a 2024 trust, and a 401(k) plan, all invested in AT&T stock.

How many AT&T deferred stock units did Lori M. Lee acquire?

She acquired 226.452 deferred stock units linked to AT&T common stock. These units were credited to a benefit plan account and are settled only in stock on a 1-for-1 basis when distributed, according to the filing’s footnote disclosure.

At what price were Lori M. Lee’s AT&T deferred stock units recorded?

The deferred stock units were recorded at $24.80 per unit. This price applies to the 226.452 units acquired in the benefit plan and reflects the value used in the plan accounting for this reported transaction on the referenced date.

How were the new AT&T deferred stock units funded for Lori M. Lee?

The filing states the units were purchased with automatic payroll deductions plus partial company matching contributions. This indicates the acquisition arose from a compensation-related benefit plan rather than open-market purchases by Lori M. Lee personally.

What indirect AT&T holdings does Lori M. Lee report through trusts?

The Form 4 lists 190,818 AT&T common shares held by a joint trust and 391,151 shares held by a 2024 trust. Both positions are reported as indirect ownership, reflecting shares associated with Lori M. Lee through these trust arrangements.

What does the Form 4 show about Lori M. Lee’s AT&T 401(k) holdings?

The filing reports 14,585.1471 AT&T common stock units held indirectly through a 401(k) plan. A footnote notes this balance is based on a 401(k) plan statement dated 4/30/2026, providing the latest available plan-based holding figure.