AT&T (NYSE: T) CFO Desroches logs RSU vesting and tax share sales

Rhea-AI Filing Summary

AT&T Inc. senior executive vice president and CFO Pascal Desroches reported routine equity compensation activity. On January 15, 2026, 30,085 restricted stock units from a 2023 grant and 39,692 units from a 2024 grant were converted into the same number of shares of AT&T common stock at an exercise price of $0 per share under the 2018 Incentive Plan. To cover mandatory tax withholding on these distributions, 6,619 shares and 12,850 shares of common stock were withheld and disposed of at $23.61 per share. Following these transactions, Desroches directly held 897,732 shares of AT&T common stock.

Insider Trade Summary

69,777 shares exercised/converted

Mixed 8 txns

Insider Desroches Pascal

Role Sr. Exec VP and CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (2023)	30,085	$0.00	--
Exercise	Restricted Stock Units (2024)	39,692	$0.00	--
Exercise	Common Stock	30,085	$0.00	--
Tax Withholding	Common Stock	6,619	$23.61	$156K
Exercise	Common Stock	39,692	$0.00	--
Tax Withholding	Common Stock	12,850	$23.61	$303K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units (2023) — 0 shares (Direct); Restricted Stock Units (2024) — 39,693 shares (Direct); Common Stock — 877,509 shares (Direct); Common Stock — 6,780.653 shares (Indirect, By 401(k))

Footnotes (1)

1. 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 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility. Mandatory tax withholding on distribution of Restricted Stock Units. 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 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility. Based on a 401(k) plan statement dated 11/30/2025.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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

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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^*

Desroches Pascal

(Last) (First) (Middle)

208 S. AKARD ST.

(Street)

DALLAS TX 75202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AT&T INC. [ T ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. Exec VP and CFO

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/15/2026		M		30,085	A	$0(1)	877,509	D
Common Stock	01/15/2026		F(2)		6,619	D	$23.61	870,890	D
Common Stock	01/15/2026		M		39,692	A	$0(3)	910,582	D
Common Stock	01/15/2026		F(2)		12,850	D	$23.61	897,732	D
Common Stock								6,780.6526(4)	I	By 401(k)
Common Stock								139,740.958	I	By Benefit Plan

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (2023)	(1)	01/15/2026		M			30,085	(1)	(1)	Common Stock	30,085	(1)	0	D
Restricted Stock Units (2024)	(3)	01/15/2026		M			39,692	(3)	(3)	Common Stock	39,692	(3)	39,693	D

Explanation of Responses:

1. 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 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.

2. Mandatory tax withholding on distribution of Restricted Stock Units.

3. 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 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility.

4. Based on a 401(k) plan statement dated 11/30/2025.

	/s/ Johnell C. Holland, Attorney-in-fact	01/20/2026
	** Signature of Reporting Person	Date
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FAQ

What did AT&T (T) CFO Pascal Desroches report in this Form 4?

The filing shows that Pascal Desroches, AT&T's senior executive vice president and CFO, reported the vesting and share conversion of restricted stock units (RSUs) and related tax-withholding share disposals in AT&T common stock on January 15, 2026.

How many AT&T restricted stock units vested for Pascal Desroches on January 15, 2026?

On January 15, 2026, 30,085 restricted stock units from a 2023 grant and 39,692 restricted stock units from a 2024 grant converted into the same number of shares of AT&T common stock at an exercise price of $0 per share, under the 2018 Incentive Plan.

Why were some of Pascal Desroches's AT&T shares sold or withheld in this Form 4?

The filing states that 6,619 shares and 12,850 shares of AT&T common stock were disposed of with transaction code F at $23.61 per share, described in the footnotes as mandatory tax withholding on distribution of Restricted Stock Units.

What is the source of the restricted stock units reported by AT&T CFO Pascal Desroches?

The restricted stock units were granted under AT&T's 2018 Incentive Plan. Each unit converts into one share of AT&T common stock, with the 2023 grant vesting and distributing in thirds on 1/15/2024, 1/15/2025, and 1/15/2026, and the 2024 grant vesting and distributing in thirds on 1/15/2025, 1/15/2026, and 1/15/2027.

How many AT&T shares did Pascal Desroches own directly after these transactions?

After the reported RSU conversions and tax-withholding dispositions on January 15, 2026, Pascal Desroches directly held 897,732 shares of AT&T common stock.

Does the Form 4 mention any AT&T shares held indirectly for Pascal Desroches?

Yes. The filing lists indirect holdings of AT&T common stock, including 6,780.6526 shares held "By 401(k)" and 139,740.958 shares held "By Benefit Plan," based in part on a 401(k) statement dated November 30, 2025.