AT&T (T) CEO John Stankey boosts indirect stake with dividend share reinvestment

Rhea-AI Filing Summary

AT&T Inc. CEO and President John T. Stankey reported an automatic acquisition of AT&T common stock through a benefit plan. On 01/30/2026, 805.939 shares were acquired at $26.21 per share, reflecting reinvestment of dividend equivalents into deferred stock units settled 1-for-1 in stock.

Following this transaction, Stankey indirectly held 76,927.236 AT&T shares through a benefit plan and 17,174.8802 shares through a 401(k) plan based on a 12/31/2025 statement. He also reported 158,214 shares held directly, 1,056,225 shares held by a family trust, and 120,000 shares held by an LP.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider STANKEY JOHN T

Role CEO & President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	805.939	$26.21	$21K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 76,927.236 shares (Indirect, By Benefit Plan); Common Stock — 158,214 shares (Direct)

Footnotes (1)

1. Represents reinvestment of dividend equivalents on deferred stock units purchased by the reporting person. Deferred stock units are settled only in stock on a 1-for-1 basis. Based on a 401(k) plan statement dated 12/31/2025.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

STANKEY JOHN T

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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	01/30/2026		A(1)		805.939	A	$26.21	76,927.236	I	By Benefit Plan
Common Stock								17,174.8802(2)	I	By 401(k)
Common Stock								158,214	D
Common Stock								1,056,225	I	By Family Trust
Common Stock								120,000	I	By LP

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 reinvestment of dividend equivalents on deferred stock units purchased by the reporting person. Deferred stock units are settled only in stock on a 1-for-1 basis.

2. Based on a 401(k) plan statement dated 12/31/2025.

	/s/ Johnell C. Holland, Attorney-in-fact	02/03/2026
	** 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 for CEO John Stankey?

AT&T reported that CEO John T. Stankey acquired 805.939 common shares on 01/30/2026 at $26.21 per share. The acquisition came from reinvested dividend equivalents into deferred stock units that are settled in AT&T stock on a 1-for-1 basis.

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

After the reported transaction, John T. Stankey indirectly held 76,927.236 AT&T shares through a benefit plan and 17,174.8802 shares via a 401(k). The 401(k) balance is based on a plan statement dated 12/31/2025, giving investors insight into his retirement-linked holdings.

What are John Stankey’s direct AT&T (T) common stock holdings?

John T. Stankey reported directly owning 158,214 AT&T common shares as of the filing. This direct position is separate from his indirect holdings through benefit plans, a family trust, and a limited partnership, which are reported as additional indirect ownership stakes.

How many AT&T (T) shares are held for John Stankey by trusts and partnerships?

The filing shows 1,056,225 AT&T shares held indirectly for John T. Stankey by a family trust and 120,000 shares held by a limited partnership. These positions supplement his direct and benefit-plan holdings, indicating significant indirect ownership structures associated with the CEO.

What do the dividend equivalent reinvestments mean in John Stankey’s AT&T (T) Form 4?

The reported 805.939-share acquisition reflects reinvestment of dividend equivalents on deferred stock units already purchased by John T. Stankey. These deferred stock units are settled only in AT&T stock on a 1-for-1 basis, increasing his indirect equity exposure without a discretionary open-market buy.

Does John Stankey’s AT&T (T) Form 4 indicate a stock sale or only acquisitions/holdings?

The Form 4 excerpt indicates an automatic acquisition of 805.939 AT&T shares through dividend equivalent reinvestment and lists multiple direct and indirect holdings. It does not show a sale transaction code; the reported activity centers on additional shares and existing ownership balances.