AT&T (NYSE: T) officer adds shares via benefit and 401(k) holdings

Rhea-AI Filing Summary

AT&T Inc. reported an insider stock acquisition by its Chief Strategy & Development Officer. On 12/31/2025, the officer acquired 869.564 shares of AT&T common stock at $24.84 per share through deferred stock units in a benefit plan. After this transaction, the officer held 9,150.206 shares indirectly through the benefit plan and 3,111.4453 shares indirectly in a 401(k) plan, based on a statement dated 10/31/2025, along with 357,057 shares held directly. The deferred stock units are purchased via automatic payroll deductions with partial company matching and are settled 1-for-1 in AT&T stock.

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

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^*

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)
12/31/2025

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	12/31/2025		A(1)		869.564	A	$24.84	9,150.206	I	By Benefit Plan
Common Stock								3,111.4453(2)	I	By 401(k)
Common Stock								357,057	D

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 10/31/2025.

	/s/ Johnell C. Holland, Attorney-in-fact	01/05/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did AT&T (T) disclose in this filing?

AT&T disclosed that its Chief Strategy & Development Officer acquired 869.564 shares of common stock on 12/31/2025 at $24.84 per share through deferred stock units in a benefit plan.

How many AT&T (T) shares does the reporting officer own after the transaction?

After the transaction, the officer beneficially owned 9,150.206 shares indirectly via a benefit plan, 3,111.4453 shares indirectly in a 401(k) plan 10/31/2025 statement), and 357,057 shares directly.

What are the deferred stock units mentioned for AT&T (T)?

The deferred stock units represent AT&T stock purchased with automatic payroll deductions and partial company matching contributions, and they are settled only in stock on a 1-for-1 basis.

What is the relationship of the reporting person to AT&T (T)?

The reporting person is an officer of AT&T Inc., serving as the Chief Strategy & Development Officer.

How are the AT&T (T) shares held by the officer classified?

The filing shows shares held indirectly through a benefit plan, indirectly through a 401(k) plan, and 357,057 shares held as direct ownership.

Was this AT&T (T) insider transaction part of a plan or program?

The form includes a checkbox for transactions made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not indicate that this box was checked.