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AT&T director (NYSE: T) gets 869 deferred stock units in benefit plan

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Form Type
4

Rhea-AI Filing Summary

Ubinas Luis A reported acquisition or exercise transactions in this Form 4 filing.

AT&T Inc. director Luis A. Ubinas received a grant of 869.0834 Deferred Stock Units on 2026-07-31 under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. The units are held indirectly through a benefit plan, bringing his deferred balance to 73,684.1809, payable in cash based on AT&T common stock value after his board service ends.

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Insider Ubinas Luis A
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units F1 869.0834 $23.25 $20K
Holdings After Transaction: Deferred Stock Units — 73,684.1809 shares (Indirect, By Benefit Plan)
Footnotes (1)
  1. F1. 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.
Deferred stock units granted 869.0834 units Grant on 2026-07-31 under AT&T Inc. Non-Employee Director Stock and Deferral Plan
Transaction price per unit $23.2500 per unit Reported price for the 869.0834 deferred stock units granted on 2026-07-31
Deferred stock units after grant 73684.1809 units Total deferred stock units beneficially owned indirectly following the reported transaction
Transaction date 2026-07-31 Date of the deferred stock unit grant to director Luis A. Ubinas
Deferred Stock Units financial
"Security reported as Deferred Stock Units linked to AT&T common stock"
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 by benefit plan for the reporting person"
indirect ownership financial
"Ownership reported as indirect with nature of ownership By Benefit Plan"

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FAQ

What insider transaction did AT&T (T) director Luis A. Ubinas report?

Luis A. Ubinas reported a grant of 869.0834 Deferred Stock Units on 2026-07-31, linked to AT&T common stock. These units are part of his director compensation and increase his deferred unit balance held through a benefit plan.

Was the AT&T (T) transaction by Luis A. Ubinas a market purchase or sale?

No, the reported transaction was a grant of deferred stock units, not an open-market purchase or sale. It reflects director compensation awarded under AT&T’s Non-Employee Director Stock and Deferral Plan rather than trading in AT&T shares.

How many deferred stock units does Luis A. Ubinas now hold at AT&T (T)?

After the transaction, Luis A. Ubinas beneficially holds 73,684.1809 Deferred Stock Units indirectly through a benefit plan. This total reflects his accumulated director compensation tied to the value of AT&T common stock.

At what value were Luis A. Ubinas’s AT&T (T) deferred stock units recorded?

The 869.0834 deferred stock units were recorded at a transaction price of $23.2500 per unit. Each unit will eventually be paid in cash equal to the value of one AT&T common share after his board service concludes.

How and when will the AT&T (T) deferred stock units be paid to Luis A. Ubinas?

After Luis A. Ubinas ceases to be a director, each deferred stock unit is paid in cash equal to the value of one AT&T common share, at times he previously elected under the Non-Employee Director Stock and Deferral Plan.

Was Luis A. Ubinas’s AT&T (T) Form 4 transaction under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. It reports a compensation-related grant of deferred stock units rather than trades executed under a Rule 10b5-1 trading arrangement.
SEC Form 4
FORM 4UNITED 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*
Ubinas Luis A

(Last)(First)(Middle)
208 S. AKARD ST.

(Street)
DALLAS TEXAS 75202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
AT&T INC. [ T ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)07/31/2026A869.0834 (1) (1)Common Stock869.0834$23.2573,684.1809IBy Benefit Plan
Explanation of Responses:
1. 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.
/s/ Johnell C. Holland, Attorney-in-fact08/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)