AT&T (NYSE: T) SVP reports RSU vesting and share withholding

Rhea-AI Filing Summary

AT&T Inc. officer Sabrina Sanders S, SVP-Chief Accounting Officer & Controller, reported routine equity compensation activity involving restricted stock units and common stock on 01/15/2026. Two RSU tranches converted at an exercise price of $0, delivering 7,084 and 9,701 shares of AT&T common stock pursuant to the 2018 Incentive Plan. In connection with these distributions, AT&T withheld 2,090 and 2,358 shares at $23.61 per share to cover taxes, reported with transaction code F for mandatory tax withholding.

After these transactions, Sanders directly owned 165,594 shares of AT&T common stock. She also reported indirect holdings of 5,165.6566 shares through a 401(k) plan and 3,038.921 shares through a benefit plan, reflecting retirement and savings-related ownership in addition to her direct position.

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

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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)
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		7,084	A	$0(1)	160,341	D
Common Stock	01/15/2026		F(2)		2,090	D	$23.61	158,251	D
Common Stock	01/15/2026		M		9,701	A	$0(3)	167,952	D
Common Stock	01/15/2026		F(2)		2,358	D	$23.61	165,594	D
Common Stock								5,165.6566(4)	I	By 401(k)
Common Stock								3,038.921	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			7,084	(1)	(1)	Common Stock	7,084	(1)	0	D
Restricted Stock Units (2024)	(3)	01/15/2026		M			9,701	(3)	(3)	Common Stock	9,701	(3)	9,702	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 insider activity did AT&T (T) report for Sabrina Sanders S on January 15, 2026?

On 01/15/2026, AT&T SVP-Chief Accounting Officer & Controller Sabrina Sanders S reported the conversion of restricted stock units into common stock and related mandatory tax withholding transactions, all disclosed on a Form 4.

How many AT&T restricted stock units vested and converted for Sabrina Sanders S?

Two RSU awards under AT&T's 2018 Incentive Plan converted: one labeled Restricted Stock Units (2023) for 7,084 units and another labeled Restricted Stock Units (2024) for 9,701 units, with each unit converting into one share of common stock.

What do the Form 4 transaction codes M and F mean for AT&T (T) in this filing?

Transaction code M indicates the settlement or exercise of derivative securities, here the conversion of restricted stock units into AT&T common stock at $0. Transaction code F reflects mandatory tax withholding on the RSU distributions, with 2,090 and 2,358 shares withheld at $23.61 per share.

How many AT&T shares does Sabrina Sanders S own after these transactions?

Following the reported activity, Sabrina Sanders S directly owned 165,594 AT&T common shares. She also reported indirect ownership of 5,165.6566 shares through a 401(k) plan and 3,038.921 shares through a benefit plan.

Were the AT&T shares in this Form 4 sale proceeds or tax withholding?

The Form 4 states that shares reported under transaction code F were used for mandatory tax withholding on distribution of Restricted Stock Units, meaning the shares were withheld to satisfy tax obligations rather than reported as a discretionary open-market sale.

What plan governs the restricted stock units reported by AT&T (T) in this filing?

The restricted stock units labeled Restricted Stock Units (2023) and (2024) were acquired under AT&T's 2018 Incentive Plan. Each unit converts into one share of common stock, with one-third of each award vesting and distributing annually on specified January 15 dates, subject to provisions such as accelerated vesting on retirement eligibility.