AT&T (NYSE: T) SEVP converts RSUs and withholds 5,315 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AT&T executive Edward W. Gillespie exercised 11,795 restricted stock units into common stock and withheld 5,315 shares for taxes. The RSUs were granted under the 2018 Incentive Plan and convert one-for-one into AT&T common shares.
One-third of these units is scheduled to vest and distribute on each of 2/15/2026, 2/15/2027, and 2/15/2028, with vesting accelerated upon retirement eligibility. After these transactions, he directly holds 271,536 common shares and also has 7,022.5555 shares held indirectly in a 401(k) plan as of a 1/31/2026 statement.
Positive
- None.
Negative
- None.
Insider Trade Summary
11,795 shares exercised/converted
Mixed
4 txns
Insider
Gillespie Edward W
Role
SEVP-Ext & Legislative Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (2025) | 11,795 | $0.00 | -- |
| Exercise | Common Stock | 11,795 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,315 | $28.80 | $153K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (2025) — 23,592 shares (Direct);
Common Stock — 276,851 shares (Direct);
Common Stock — 7,022.556 shares (Indirect, By 401(k))
Footnotes (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 2/15/2026, 2/15/2027, and 2/15/2028. Vesting (but not distribution) is accelerated on retirement eligibility. Mandatory tax withholding on distribution of Restricted Stock Units. Based on a 401(k) plan statement dated 1/31/2026.
FAQ
What did AT&T (T) executive Edward W. Gillespie report in this Form 4?
Edward W. Gillespie exercised 11,795 restricted stock units into AT&T common stock and disposed of 5,315 shares to cover tax withholding. These transactions updated his direct and indirect share holdings in the company.
How many AT&T (T) RSUs did Edward W. Gillespie convert to common stock?
He converted 11,795 restricted stock units into AT&T common stock. Each RSU represents one share under the 2018 Incentive Plan, reflecting equity compensation rather than an open-market stock purchase.
What is the vesting schedule for Edward W. Gillespie’s AT&T (T) RSUs?
One-third of the RSUs vests and distributes on 2/15/2026, another third on 2/15/2027, and the final third on 2/15/2028. Vesting is accelerated upon retirement eligibility, though distribution timing remains as scheduled.
Are Edward W. Gillespie’s AT&T (T) transactions open-market buys or sells?
The filing shows an exercise of derivative securities (RSUs) and a tax-withholding disposition, not open-market buying or selling. The RSUs converted into common stock and some shares were withheld to cover tax obligations.