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AT&T Inc. executive Edward W. Gillespie, SEVP–External & Legislative Affairs, reported a distribution of 158,100 performance shares of common stock on 01/29/2026 through a company benefit plan. Each performance share is equivalent in value to one share of AT&T common stock.
To cover taxes on this distribution, the plan disposed of 69,666.889 shares at $25.13 per share and a further 58,366.111 shares were distributed in cash after taxes. A total of 30,067 shares moved from indirect benefit plan ownership to direct ownership, and holdings include 6,784.4205 shares in a 401(k) and 265,056 shares held directly. Gillespie was also granted 34,819 restricted stock units under the 2018 Incentive Plan, vesting in thirds on 02/15/2027, 02/15/2028, and 02/15/2029.
AT&T Inc. Sr. Exec VP and CFO Pascal Desroches reported multiple equity transactions on 01/29/2026. He received 84,560 restricted stock units (2026) under the 2018 Incentive Plan, each convertible into one share of common stock, vesting and distributing in thirds on 2/15/2027, 2/15/2028, and 2/15/2029, with vesting accelerated on retirement eligibility.
On the same date, a total of 348,750 performance shares were distributed into a benefit plan, with 137,377.0706 shares used for mandatory tax withholding at $25.13 per share and 139,506.9295 shares paid in cash at $25.13. A further 71,866 shares moved from indirect benefit-plan ownership to direct ownership as part of this distribution. After these transactions, Desroches reported 969,598 shares of common stock held directly, plus additional shares held indirectly through a benefit plan and a 401(k) account.
AT&T Inc. executive Darcie M. Cakaric, SEVP and Chief HR Officer, reported an equity award of 35,814 Restricted Stock Units (2026) on 01/29/2026 under the 2018 Incentive Plan. Each unit converts into one share of AT&T common stock at no cash cost to her.
The award vests in three equal installments, with one-third scheduled to vest and distribute on 02/15/2027, 02/15/2028, and 02/15/2029. Vesting is accelerated upon retirement eligibility, although distribution timing remains unchanged. Following this grant, she directly holds 35,814 restricted stock units.
AT&T Inc. is issuing U.S.$6,500,000,000 of unsecured global notes in five tranches maturing between 2031 and 2056. The notes carry fixed coupons of 4.400%, 4.750%, 5.125%, 5.850% and 6.000%, with interest paid semiannually starting October 30, 2026.
AT&T expects net proceeds of about $6,464,641,500 after underwriting discounts and expenses. The company intends to use these funds for general corporate purposes, which may include repaying existing debt and funding pending acquisitions.
AT&T Inc. announced its results of operations for the fourth quarter of 2025 and disclosed a major change in how it will report its business segments starting with the quarter ending March 31, 2026.
The company will introduce three segments: Advanced Connectivity, covering domestic 5G and fiber-based wireless, internet and other advanced connectivity services; Legacy, covering copper-based domestic voice and data services; and Latin America, covering its wireless business in Mexico. AT&T is also providing recast quarterly and annual results for 2023, 2024 and 2025 under this new structure, with no impact to consolidated operating income or Adjusted EBITDA.
AT&T Inc. reported fourth-quarter 2025 net income attributable to common stock of $3.8 billion, or $0.53 per diluted share, slightly below $4.0 billion, or $0.56, a year earlier, with results shaped by tax benefits, gains, actuarial losses and restructuring charges.
For full-year 2025, net income rose to $21.9 billion from $10.7 billion, and diluted EPS increased to $3.04 from $1.49, largely reflecting a $5.6 billion gain and related earnings from the sale of DIRECTV alongside tax benefits and lower restructuring and impairment charges.
Operating revenues grew to $33.5 billion in the quarter and $125.6 billion for the year, driven mainly by Mobility, Consumer Wireline and Mexico, while Business Wireline declined. Cash from operations was $40.3 billion and capital investment was $22.0 billion. AT&T repurchased $4.3 billion of stock in 2025 and obtained an additional $10,000 share repurchase authorization.
AT&T Inc. CEO and President John T. Stankey, who also serves as a director, reported an internal transfer of AT&T common stock on January 20, 2026. A total of 96,578 shares of common stock were reported with transaction code G at a price of $0 per share, moving from his direct ownership to indirect ownership by a Family Trust, which now holds 1,056,225 shares after the transaction.
In addition to the Family Trust position, Stankey is shown as indirectly holding 17,169.2508 shares through a 401(k) plan, based on a statement dated 11/30/2025, as well as 76,121.297 shares through a benefit plan and 120,000 shares through an LP. No derivative securities are reported.
AT&T Inc. executive Lori M. Lee, Global Marketing Officer and SEVP International, reported an internal change in how some of her AT&T common stock is held. On January 20, 2026, she moved 34,376 shares of common stock from direct ownership to indirect ownership through a joint trust, at a reported price of $0 per share, leaving no directly held shares from this block and 127,800 shares held indirectly by the joint trust.
The filing also shows additional indirect holdings of AT&T common stock, including 13,778.2892 shares through a 401(k) plan (based on a statement dated November 30, 2025), 11,077.442 shares through a benefit plan, and 391,151 shares held by a 2024 trust.
AT&T Inc. CEO and President John T. Stankey reported multiple equity award transactions dated 01/15/2026. He converted 66,186 restricted stock units granted in 2023 and 77,050 restricted stock units granted in 2024 into shares of AT&T common stock at an exercise price of $0 per unit under the 2018 Incentive Plan. In connection with these distributions, 18,149 and 28,509 shares of common stock were withheld at a price of $23.61 per share for mandatory tax withholding on the restricted stock unit distributions.
Following these transactions, Stankey directly held 96,578 shares of AT&T common stock and 77,050 restricted stock units from the 2024 grant. He also reported indirect ownership of 17,169.2508 shares through a 401(k) plan, 76,121.297 shares through a benefit plan, 959,647 shares through a family trust, and 120,000 shares through a limited partnership. The footnotes state that each restricted stock unit converts into one share of common stock and describe vesting and distribution schedules, with vesting accelerated on retirement eligibility.
AT&T Inc. officer Sabrina Sanders S, SVP-Chief Accounting Officer & Controller, reported routine equity compensation activity involving restricted stock units and common stock on 01/15/2026. Two RSU tranches converted at an exercise price of $0, delivering 7,084 and 9,701 shares of AT&T common stock pursuant to the 2018 Incentive Plan. In connection with these distributions, AT&T withheld 2,090 and 2,358 shares at $23.61 per share to cover taxes, reported with transaction code F for mandatory tax withholding.
After these transactions, Sanders directly owned 165,594 shares of AT&T common stock. She also reported indirect holdings of 5,165.6566 shares through a 401(k) plan and 3,038.921 shares through a benefit plan, reflecting retirement and savings-related ownership in addition to her direct position.