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

Rhea-AI Filing Summary

AT&T Inc. Chief Strategy & Development Officer Thaddeus Arroyo reported routine equity compensation activity and related tax withholding. On January 15, 2026, restricted stock units granted in 2023 and 2024 under the 2018 Incentive Plan were converted into 13,137 and 15,294 shares of AT&T common stock, respectively, at an exercise price of $0 per unit as they vested. To cover taxes on these distributions, 2,891 and 3,365 shares of common stock were withheld at $23.61 per share. Following these transactions, Arroyo directly owned 379,232 shares of common stock, plus 3,110.9399 shares held indirectly through a 401(k) and 9,150.206 shares held through a benefit plan.

Insider Trade Summary

28,431 shares exercised/converted

Mixed 8 txns

Insider Arroyo F. Thaddeus

Role Chief Strategy & Dev Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (2023)	13,137	$0.00	--
Exercise	Restricted Stock Units (2024)	15,294	$0.00	--
Exercise	Common Stock	13,137	$0.00	--
Tax Withholding	Common Stock	2,891	$23.61	$68K
Exercise	Common Stock	15,294	$0.00	--
Tax Withholding	Common Stock	3,365	$23.61	$79K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units (2023) — 0 shares (Direct); Restricted Stock Units (2024) — 15,294 shares (Direct); Common Stock — 370,194 shares (Direct); Common Stock — 3,110.94 shares (Indirect, By 401(k))

Footnotes (1)

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. Mandatory tax withholding on distribution of Restricted Stock Units. 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. Based on a 401(k) plan statement dated 11/30/2025.

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

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X

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^*

Arroyo F. Thaddeus

(Last) (First) (Middle)

208 S. AKARD

(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)
	Chief Strategy & Dev Officer

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		13,137	A	$0(1)	370,194	D
Common Stock	01/15/2026		F(2)		2,891	D	$23.61	367,303	D
Common Stock	01/15/2026		M		15,294	A	$0(3)	382,597	D
Common Stock	01/15/2026		F(2)		3,365	D	$23.61	379,232	D
Common Stock								3,110.9399(4)	I	By 401(k)
Common Stock								9,150.206	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			13,137	(1)	(1)	Common Stock	13,137	(1)	0	D
Restricted Stock Units (2024)	(3)	01/15/2026		M			15,294	(3)	(3)	Common Stock	15,294	(3)	15,294	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 Thaddeus Arroyo?

AT&T reported that Chief Strategy & Development Officer Thaddeus Arroyo had restricted stock units vest and convert into common stock, with some shares withheld to cover taxes.

How many AT&T shares came from vested RSUs in this Form 4?

On January 15, 2026, 13,137 shares from 2023 restricted stock units and 15,294 shares from 2024 restricted stock units were issued upon vesting.

What tax withholding is disclosed in this AT&T Form 4 filing?

The filing shows mandatory tax withholding transactions where 2,891 and 3,365 AT&T common shares were withheld at $23.61 per share to satisfy tax obligations on the RSU distributions.

How many AT&T shares does Thaddeus Arroyo own after the reported transactions?

After the transactions, Arroyo directly owned 379,232 AT&T common shares, plus 3,110.9399 shares held indirectly via a 401(k) and 9,150.206 shares held via a benefit plan.

What AT&T equity plans are referenced in Arroyo’s Form 4?

The restricted stock units are described as granted under AT&T’s 2018 Incentive Plan, with each unit converting into one share of AT&T common stock upon vesting.

What is Thaddeus Arroyo’s role at AT&T according to this filing?

The Form 4 identifies Thaddeus Arroyo as an officer of AT&T, serving as Chief Strategy & Dev Officer.