AT&T director William E. Kennard acquires stock units

The deferred stock units are payable in cash after the director ceases to serve, based on AT&T common stock value and at times he elected.

Available on EDGAR 11/03/2026 - 05:00 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:59 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

AT&T Inc. director William E. Kennard acquired 1,898.6428 deferred stock units on October 30, 2026, under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. The units are held indirectly by the benefit plan. After Kennard ceases to be a director, each unit is paid in cash equal to the value of one share of AT&T common stock, at times elected by the director. The reported post-transaction position was 148,384.9176 deferred stock units.

Insider Trade Summary

Grant/Award: 1,898.6428 shares

Grant/Award 1 txn

Insider Kennard William E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units F1	1,898.6428	$21.41	$41K

Holdings After Transaction: Deferred Stock Units — 148,384.9176 contracts (Indirect, By Benefit Plan)

Footnotes (1)

1. F1. Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.

Key Figures

Deferred stock units acquired: 1,898.6428 deferred stock units Reported transaction price per share: $21.4100 per share Reported resulting position: 148,384.9176 deferred stock units

3 metrics

Deferred stock units acquired 1,898.6428 deferred stock units October 30, 2026

Reported transaction price per share $21.4100 per share Deferred stock unit acquisition

Reported resulting position 148,384.9176 deferred stock units Held indirectly by the benefit plan

Key Terms

Deferred Stock Units, Non-Employee Director Stock and Deferral Plan, paid out in cash

3 terms

Deferred Stock Units financial

"Deferred Stock Units"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Non-Employee Director Stock and Deferral Plan financial

"AT&T Inc. Non-Employee Director Stock and Deferral Plan"

paid out in cash financial

"each unit is paid out in cash equal to the value of one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many deferred stock units did AT&T director William E. Kennard acquire?

William E. Kennard acquired 1,898.6428 deferred stock units on October 30, 2026, under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Kennard William E

(Last) (First) (Middle)

208 S. AKARD STREET

(Street)

DALLAS TEXAS 75202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AT&T INC. [ T ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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
Deferred Stock Units	(1)	10/30/2026		A		1,898.6428		(1)	(1)	Common Stock	1,898.6428	$21.41	148,384.9176	I	By Benefit Plan

Explanation of Responses:

1. Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.

	/s/ Johnell C. Holland, Attorney-in-fact	11/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)