AT&T (NYSE: T) CTO Jeremy Legg converts RSUs, withholds 7,644 shares for tax
Rhea-AI Filing Summary
AT&T Inc. Chief Technology Officer Jeremy Alan Legg reported equity compensation activity involving restricted stock units and common shares. On January 15, 2026, restricted stock units from 2023 and 2024 awards converted into 12,989 and 15,121 shares of AT&T common stock, respectively, at an exercise price of $0 per share under the 2018 Incentive Plan. To cover taxes on these distributions, a total of 7,644 shares (3,532 and 4,112) of common stock were withheld at a price of $23.61 per share as mandatory tax withholding.
Following these transactions, Legg directly beneficially owned 356,552 shares of AT&T common stock and held an additional 6,008.8327 shares indirectly through a 401(k) plan. After the 2024 award conversion, 15,123 restricted stock units from that grant remained outstanding, continuing to represent potential future common shares as they vest and distribute under the plan’s schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (2023) | 12,989 | $0.00 | -- |
| Exercise | Restricted Stock Units (2024) | 15,121 | $0.00 | -- |
| Exercise | Common Stock | 12,989 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,532 | $23.61 | $83K |
| Exercise | Common Stock | 15,121 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,112 | $23.61 | $97K |
| holding | Common Stock | -- | -- | -- |
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 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.
FAQ
What insider transactions did AT&T (T) report for Jeremy Alan Legg on January 15, 2026?
On January 15, 2026, AT&T Chief Technology Officer Jeremy Alan Legg reported the conversion of 12,989 restricted stock units from a 2023 grant and 15,121 restricted stock units from a 2024 grant into AT&T common stock at an exercise price of $0 per share, along with related share withholding for taxes.
What restricted stock unit awards are involved in AT&T (T) CTO Jeremy Leggs Form 4?
The Form 4 covers Restricted Stock Units (2023) and Restricted Stock Units (2024) granted under AT&Ts 2018 Incentive Plan. The 2023 award converted 12,989 units into common stock, and the 2024 award converted 15,121 units, with 15,123 units from the 2024 grant remaining outstanding.
How do Jeremy Leggs AT&T restricted stock units vest and distribute?
For the 2023 award, one-third of the units vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. For the 2024 award, one-third vests and distributes on each of 1/15/2025, 1/15/2026, and 1/15/2027. In both cases, vesting (but not distribution) is accelerated on retirement eligibility.
What plan governs the restricted stock units reported by AT&T (T) CTO Jeremy Legg?
The restricted stock units reported in this Form 4 were acquired pursuant to AT&Ts 2018 Incentive Plan, and each unit will convert into one share of AT&T common stock according to the vesting and distribution schedules described.