AT&T (T) officer boosts indirect stake via benefit plan share purchase

Rhea-AI Filing Summary

AT&T Inc. officer reports routine share acquisition via company plans. A Global Marketing Officer and Senior Executive Vice President, International, filed a Form 4 for an earliest transaction date of 12/31/2025. The filing shows an acquisition of 362.32 shares of AT&T common stock at $24.84 per share through a benefit plan, bringing that benefit plan holding to 11,077.442 shares.

The officer also reports indirect beneficial ownership of 13,780.5279 shares through a 401(k) plan, 391,151 shares through a 2024 trust, and 93,424 shares through a joint trust. The explanation notes that some holdings are deferred stock units purchased via automatic payroll deductions with partial company matching, which are settled in stock on a 1-for-1 basis.

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^*

Lee Lori M

(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)
	Global Mktg Ofr & SEVP Intl

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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	12/31/2025		A(1)		362.32	A	$24.84	11,077.442	I	By Benefit Plan
Common Stock								13,780.5279(2)	I	By 401(k)
Common Stock								391,151	I	By 2024 Trust
Common Stock								93,424	I	By 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 10/31/2025.

	/s/ Johnell C. Holland, Attorney-in-fact	01/05/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did AT&T (T) report in this Form 4?

The filing reports that an AT&T officer acquired 362.32 shares of common stock at $24.84 per share through a company benefit plan on 12/31/2025.

Who is the reporting person in this AT&T (T) insider filing and what is their role?

The reporting person is an AT&T officer serving as Global Marketing Officer & Senior Executive Vice President, International, indicating a senior leadership position.

How many AT&T (T) shares does the officer hold through benefit and retirement plans?

After the reported transaction, the officer indirectly holds 11,077.442 shares through a benefit plan and 13,780.5279 shares through a 401(k) plan, along with additional trust holdings.

What trust holdings are disclosed in this AT&T (T) Form 4?

The officer reports indirect beneficial ownership of 391,151 shares of AT&T common stock through a 2024 trust and 93,424 shares through a joint trust.

How are the deferred stock units described in the AT&T (T) filing?

The filing explains that certain holdings represent deferred stock units purchased with automatic payroll deductions plus partial company matching contributions, settled in stock on a 1-for-1 basis.

Is this AT&T (T) insider transaction a new purchase or a sale of shares?

The Form 4 shows an acquisition of AT&T common stock, not a sale, with the transaction coded as an A (acquired) entry.