AT&T (NYSE: T) executive buys 331.553 deferred stock units in plan

Rhea-AI Filing Summary

AT&T Inc. executive Lori M. Lee, Global Marketing Officer & SEVP International, reported acquiring 331.553 deferred stock units of AT&T common stock on 01/30/2026 at $26.21 per share. These units were purchased through a benefit plan using automatic payroll deductions and partial company matching contributions and are settled in stock on a 1-for-1 basis.

After this transaction, Lee beneficially held 11,408.995 units through the benefit plan, 13,782.8068 shares via a 401(k) plan based on a statement dated 12/31/2025, 49,066 shares directly, 391,151 shares through a 2024 Trust, and 127,800 shares through a Joint Trust.

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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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^*

Lee Lori M

(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)
	Global Mktg Ofr & SEVP Intl

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)		331.553	A	$26.21	11,408.995	I	By Benefit Plan
Common Stock								13,782.8068(2)	I	By 401(k)
Common Stock								49,066	D
Common Stock								391,151	I	By 2024 Trust
Common Stock								127,800	I	By Joint Trust

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 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.

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.
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FAQ

What did AT&T (T) executive Lori M. Lee report in this Form 4 filing?

Lori M. Lee reported acquiring 331.553 deferred stock units of AT&T common stock at $26.21 per share through a benefit plan. The filing also details her total direct, trust, benefit plan, and 401(k) holdings after the transaction.

How many AT&T shares or units does Lori M. Lee hold after the reported transaction?

After the transaction, Lori M. Lee held 11,408.995 units in a benefit plan, 13,782.8068 shares via a 401(k), 49,066 shares directly, 391,151 shares via a 2024 Trust, and 127,800 shares via a Joint Trust, according to the Form 4 disclosure.

What is the nature of the 331.553 AT&T deferred stock units acquired by Lori M. Lee?

The 331.553 units are deferred stock units purchased with automatic payroll deductions and partial company matching contributions. They are settled only in AT&T stock on a 1-for-1 basis, meaning each unit corresponds to one share when settled.

How was the AT&T 401(k) holding of Lori M. Lee measured in this Form 4?

The 13,782.8068 AT&T shares reported in Lori M. Lee’s 401(k) account are based on a 401(k) plan statement dated 12/31/2025. This figure reflects plan records rather than a new purchase on the transaction date.

What indirect forms of AT&T ownership does Lori M. Lee report?

Lori M. Lee reports indirect AT&T ownership through a benefit plan, a 401(k) plan, a 2024 Trust holding 391,151 shares, and a Joint Trust holding 127,800 shares. These positions supplement her directly held 49,066 AT&T common shares.

What role does Lori M. Lee hold at AT&T according to the Form 4 filing?

According to the Form 4, Lori M. Lee is an officer of AT&T serving as Global Marketing Officer and Senior Executive Vice President International. Her role and insider status require public reporting of changes in her beneficial ownership of AT&T stock.