AT&T CFO buys 1,730 shares in benefit plan
AT&T’s CFO received a benefit-plan stock award and now reports multiple direct and indirect common stock holdings.
Rhea-AI Filing Summary
AT&T INC. (T) reported that Sr. Exec VP and CFO Pascal Desroches acquired 1,730.076 shares of common stock on August 31, 2026 through a benefit plan. The award represents deferred stock units purchased via automatic payroll deductions and partial company matching contributions, settled 1-for-1 in stock.
After this transaction, he indirectly holds 135,999.648 shares through the benefit plan, 8,280.7199 shares through a 401(k) plan as of a July 31, 2026 statement, 352,000 shares through a limited partnership, and directly holds 724,500 shares. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,730.076 shares
Grant/Award
4 txns
Insider
Desroches Pascal
Role
Sr. Exec VP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,730.076 | $25.89 | $45K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 135,999.648 shares (Indirect, By Benefit Plan);
Common Stock — 8,280.7199 shares (Indirect, By 401(k));
Common Stock — 724,500 shares (Direct);
Common Stock — 352,000 shares (Indirect, By LP)
Footnotes (2)
- F1. 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.
- F2. Based on a 401(k) plan statement dated 7/31/2026.
Key Figures
Shares acquired via benefit plan: 1,730.076 shares
Reference price per share: $25.89 per share
Indirect holdings by benefit plan: 135,999.648 shares
+3 more
6 metrics
Shares acquired via benefit plan
1,730.076 shares
Deferred stock units acquired on August 31, 2026
Reference price per share
$25.89 per share
Applied to the August 31, 2026 benefit-plan acquisition
Indirect holdings by benefit plan
135,999.648 shares
AT&T common stock held indirectly after the reported acquisition
Indirect holdings by 401(k)
8,280.7199 shares
AT&T common stock held through a 401(k) plan as of July 31, 2026 statement
Direct share holdings
724,500 shares
AT&T common stock held directly by Pascal Desroches
Indirect holdings by limited partnership
352,000 shares
AT&T common stock held indirectly through an LP
Key Terms
deferred stock units, automatic payroll deductions, company matching contributions, 401(k) plan
4 terms
deferred stock units financial
"Represents deferred stock units purchased by the reporting person"
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.
automatic payroll deductions financial
"purchased by the reporting person with automatic payroll deductions"
company matching contributions financial
"with automatic payroll deductions and partial company matching contributions"
401(k) plan financial
"Based on a 401(k) plan statement dated 7/31/2026."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What stock transaction did AT&T (T) CFO Pascal Desroches report on August 31, 2026?
He acquired 1,730.076 shares of AT&T common stock on August 31, 2026 as a grant/award through a benefit plan, in the form of deferred stock units purchased via payroll deductions with partial company matching contributions.
At what reference price was the AT&T (T) benefit-plan award to the CFO recorded?
The reported reference price for the August 31, 2026 acquisition is $25.89 per share, applied to 1,730.076 shares of AT&T common stock acquired as deferred stock units under the benefit plan.
What are the AT&T (T) CFO’s reported 401(k) holdings of company stock?
He reports 8,280.7199 shares of AT&T common stock held indirectly through a 401(k) plan, based on a 401(k) plan statement dated July 31, 2026.
Were the AT&T (T) CFO’s August 31, 2026 transactions under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked for these transactions, so no Rule 10b5-1 trading plan is reported in connection with the August 31, 2026 award and holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
