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AT&T director McCallister acquires stock units

After McCallister ceases to be a director, each deferred unit is payable in cash at the value of one AT&T common share, at times he elected.

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Form Type
4

Rhea-AI Filing Summary

AT&T director Michael B. McCallister acquired 2,168.7845 deferred stock units on October 30, 2026, under the Non-Employee Director Stock and Deferral Plan, at a reported $21.4100 per share. His reported position after the acquisition was 169,497.3446 deferred stock units. A Family Trust held 62,076 AT&T common shares, and a Trust held 7,000.

Insider MCCALLISTER MICHAEL B
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units F1 2,168.7845 $21.41 $46K
Holding Common Stock -- -- --
Holding Common Stock -- -- --
Holdings After Transaction: Deferred Stock Units — 169,497.3446 contracts (Indirect, By Benefit Plan); Common Stock — 62,076 shares (Indirect, By Family Trust); Common Stock — 7,000 shares (Indirect, By Trust)
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.
Deferred stock units acquired 2,168.7845 deferred stock units October 30, 2026
Reported per-share price $21.4100 per share Deferred stock unit acquisition on October 30, 2026
Deferred stock units after transaction 169,497.3446 deferred stock units Reported after the October 30, 2026 acquisition
Common shares held by Family Trust 62,076 shares Indirect holding
Common shares held by Trust 7,000 shares Indirect holding
Deferred Stock Units financial
"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan"
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 technical
"acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan"

FAQ

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How many deferred stock units did AT&T (T) director Michael B. McCallister acquire?

On October 30, 2026, McCallister acquired 2,168.7845 deferred stock units under the Non-Employee Director Stock and Deferral Plan, at a reported $21.4100 per share. His reported position after the acquisition was 169,497.3446 deferred stock units.

How are AT&T (T) deferred stock units paid out?

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.

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SEC Form 4
FORM 4UNITED 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*
MCCALLISTER MICHAEL B

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock62,076IBy Family Trust
Common Stock7,000IBy Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)10/30/2026A2,168.7845 (1) (1)Common Stock2,168.7845$21.41169,497.3446IBy 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-fact11/03/2026
** Signature of Reporting PersonDate
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)

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