AT&T (T) officer reports 201.288-share acquisition and updated holdings

Rhea-AI Filing Summary

AT&T Inc. senior vice president and chief accounting officer and controller reported routine share acquisitions through company benefit programs. On 12/31/2025, the insider acquired 201.288 shares of AT&T common stock at $24.84 per share through a benefit plan transaction classified as an acquisition. Following this, the insider held 3,038.921 shares indirectly via a benefit plan, 5,166.496 shares indirectly through a 401(k) plan based on a statement dated 10/31/2025, and 153,257 shares directly. An explanation notes that some holdings are deferred stock units purchased via automatic payroll deductions with partial company matching, settled in stock on a 1-for-1 basis, underscoring that these are compensation and savings-related positions rather than open-market trading.

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

OMB Number:			3235-0287
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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^*

Sabrina Sanders S

(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)
	SVP-ChiefActngOfcr&Controller

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)		201.288	A	$24.84	3,038.921	I	By Benefit Plan
Common Stock								5,166.496(2)	I	By 401(k)
Common Stock								153,257	D

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.
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FAQ

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

The filing shows an AT&T senior vice president and chief accounting officer and controller acquired 201.288 shares of common stock on 12/31/2025 at $24.84 per share through a benefit plan transaction classified as an acquisition.

How many AT&T (T) shares does the insider own after the reported transaction?

After the transaction, the insider beneficially owned 3,038.921 shares indirectly via a benefit plan, 5,166.496 shares indirectly through a 401(k) plan, and 153,257 shares directly.

What are the deferred stock units mentioned in the AT&T (T) filing?

The explanation states that certain holdings represent deferred stock units purchased with automatic payroll deductions and partial company matching contributions. These units are settled only in AT&T stock on a 1-for-1 basis.

How were the AT&T (T) deferred stock units acquired by the insider?

The deferred stock units were acquired through automatic payroll deductions and partial company matching contributions under an AT&T benefit plan, rather than through an open-market purchase.

What role does the reporting person hold at AT&T (T)?

The reporting person is identified as an officer of AT&T with the title SVP-ChiefActngOfcr&Controller, indicating a senior finance and accounting leadership position.

How is the insider’s 401(k) position in AT&T (T) stock measured?

The filing notes that the 5,166.496 shares held through the 401(k) plan are based on a 401(k) plan statement dated 10/31/2025, reflecting the value of plan units expressed as share equivalents.