AT&T (NYSE: T) SrEVP converts RSUs to stock and withholds shares for tax
Rhea-AI Filing Summary
AT&T Inc. executive Edward W. Gillespie reported multiple equity transactions on 01/15/2026. He converted 14,167 restricted stock units from a 2023 grant and 16,492 units from a 2024 grant into shares of AT&T common stock at an exercise price of $0 under the company’s 2018 Incentive Plan. To cover mandatory tax withholding on these distributions, 4,606 and 4,965 shares of common stock were withheld at a price of $23.61 per share. After these transactions, he held 234,989 shares of AT&T common stock directly, plus 6,784.4205 additional shares held indirectly through a 401(k) plan.
Positive
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Negative
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FAQ
What insider activity did AT&T (T) report for Edward W. Gillespie?
AT&T reported that SrEVP-External & Legal Affairs Edward W. Gillespie converted restricted stock units into common stock and had some of the resulting shares withheld to satisfy tax obligations on 01/15/2026.
How many AT&T restricted stock units did Gillespie convert on January 15, 2026?
Gillespie converted 14,167 restricted stock units from a 2023 grant and 16,492 restricted stock units from a 2024 grant into shares of AT&T common stock on 01/15/2026.
Why were some AT&T (T) shares withheld in Gillespie’s Form 4 filing?
The filing states that 4,606 and 4,965 shares of AT&T common stock were disposed of under transaction code F as mandatory tax withholding on distributions of restricted stock units, at a price of $23.61 per share.
How many AT&T shares does Edward W. Gillespie own after these transactions?
Following the reported transactions, Gillespie beneficially owned 234,989 shares of AT&T common stock directly and an additional 6,784.4205 shares indirectly through a 401(k) plan.
What AT&T equity plan are Gillespie’s restricted stock units from?
The restricted stock units reported in the Form 4 were acquired under AT&T’s 2018 Incentive Plan, with each unit converting into one share of the company’s common stock according to the vesting schedules described.
What do the Form 4 transaction codes M and F mean in this AT&T filing?
In this filing, code M reflects the conversion of restricted stock units into common stock, while code F reflects share withholding to satisfy tax obligations upon distribution of those units.