AT&T (NYSE: T) director adds deferred stock units through benefit plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TAYLOR CINDY B reported acquisition or exercise transactions in this Form 4 filing.
AT&T Inc. director Cindy B. Taylor reported a compensation-related award of 2,159.2423 Deferred Stock Units tied to AT&T common stock at $26.13 per unit. The units were granted under the AT&T Inc. Non-Employee Director Stock and Deferral Plan and are held indirectly through a benefit plan.
After Taylor ceases to be a director, each unit will be paid out in cash equal to the value of one share of AT&T common stock at times she previously elected. Following this award, her deferred stock unit balance under the plan is 205,478.1651 units, in addition to 5,718 shares of common stock and 320 depositary shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
TAYLOR CINDY B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 2,159.242 | $26.13 | $56K |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary Shares (Preferred Stock, Series C) | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 205,478.165 shares (Indirect, By Benefit Plan);
Common Stock — 5,718 shares (Direct, null);
Depositary Shares (Preferred Stock, Series C) — 320 shares (Direct, null)
Footnotes (1)
- Each Depositary Share represents a 1/1,000th interest in a share of 4.750% Perpetual Preferred Stock, Series C. 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.
Key Figures
Deferred Stock Units granted: 2,159.2423 units
Grant reference price: $26.13 per unit
Deferred Stock Units balance: 205,478.1651 units
+3 more
6 metrics
Deferred Stock Units granted
2,159.2423 units
Grant to Cindy B. Taylor on April 30, 2026
Grant reference price
$26.13 per unit
Price per Deferred Stock Unit on award date
Deferred Stock Units balance
205,478.1651 units
Total Deferred Stock Units after reported award
Common stock holdings
5,718 shares
AT&T common stock held directly after transactions
Depositary share holdings
320 depositary shares
Each representing 1/1,000th share of Series C preferred
Preferred dividend rate
4.750%
Rate on Perpetual Preferred Stock, Series C
Key Terms
Depositary Shares, Perpetual Preferred Stock, Series C, Deferred Stock Units, Non-Employee Director Stock and Deferral Plan, +1 more
5 terms
Perpetual Preferred Stock, Series C financial
"a share of 4.750% Perpetual Preferred Stock, Series C"
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"
benefit plan financial
"Deferred Stock Units held indirectly, nature of ownership: By Benefit Plan"
FAQ
What did AT&T (T) director Cindy B. Taylor report in this Form 4?
Cindy B. Taylor reported receiving 2,159.2423 Deferred Stock Units linked to AT&T common stock at $26.13 per unit. The award was made under AT&T’s Non-Employee Director Stock and Deferral Plan and increases her indirect deferred unit holdings under that plan.
How many Deferred Stock Units does AT&T director Cindy B. Taylor now hold?
After this award, Cindy B. Taylor holds 205,478.1651 Deferred Stock Units through a benefit plan. Each unit tracks the value of one share of AT&T common stock and will ultimately be paid out in cash after she ceases serving as a director.
How and when are Cindy B. Taylor’s AT&T Deferred Stock Units paid out?
Each Deferred Stock Unit will be settled in cash equal to the value of one AT&T common share after Taylor ceases to be a director. Payments are made at times she previously elected under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
What other AT&T securities does Cindy B. Taylor hold according to this filing?
The filing shows Cindy B. Taylor directly holds 5,718 shares of AT&T common stock and 320 depositary shares. Each depositary share represents a 1/1,000th interest in a share of AT&T 4.750% Perpetual Preferred Stock, Series C, in addition to her deferred units.
How does this Form 4 transaction affect Cindy B. Taylor’s AT&T ownership exposure?
The reported grant increases Taylor’s indirect economic exposure to AT&T through 2,159.2423 additional Deferred Stock Units, bringing her plan balance to 205,478.1651 units. She also continues to hold direct positions in AT&T common stock and preferred-related depositary shares, as listed.