AT&T INC. SEC Filings

Kennard William E reported acquisition or exercise transactions in this Form 4 filing.

AT&T Inc. director William E. Kennard received an award of 1,727.7629 Deferred Stock Units on 2026-07-31, valued at $23.25 per unit. The units are held indirectly through a benefit plan, bringing his deferred stock unit balance to 146,486.2748 units. Under AT&T’s Non-Employee Director Stock and Deferral Plan, each unit will be paid in cash equal to the value of one share of AT&T common stock after he ceases to be a director, at payout times he has elected.

Grier Kelly J reported acquisition or exercise transactions in this Form 4 filing.

AT&T Inc. director Kelly J. Grier received an award of 178.0438 Deferred Stock Units on July 31, 2026, valued at $23.2500 per unit under the AT&T Non-Employee Director Stock and Deferral Plan. These units are held indirectly through a benefit plan, bringing that position to 15,095.2260 units, and are payable in cash equal to the value of one AT&T common share per unit after Grier ceases to be a director. Grier also reports 723.0000 AT&T common shares held directly.

AT&T Inc. executive Sabrina Sanders S, SVP–Chief Accounting Officer & Controller, acquired 167.806 shares of AT&T common stock on July 31, 2026 via a benefit plan. The award, priced at $23.25 per share, represents deferred stock units purchased through automatic payroll deductions with partial company matching contributions, to be settled in stock on a 1-for-1 basis.

After this grant, she indirectly holds 2,421.718 shares through the benefit plan, 5,739.1145 shares through a 401(k) (based on a June 30, 2026 statement), and directly holds 172,161 shares of AT&T common stock. The transaction was not reported as made under a Rule 10b5-1 trading plan.

AT&T Inc. completed the sale of multiple series of registered global notes on August 3, 2026. The company issued €1,000,000,000 of 3.600% Global Notes due 2030, €1,250,000,000 of 4.150% Global Notes due 2034, €1,000,000,000 of 4.550% Global Notes due 2038 and €850,000,000 of 5.050% Global Notes due 2045, along with £550,000,000 of 7.050% Global Notes due 2052. These securities were sold under an underwriting agreement dated July 27, 2026 with a syndicate led by Barclays, Citigroup, Goldman Sachs & Co. LLC and Wells Fargo Securities International Limited, and were issued under AT&T’s May 15, 2013 indenture with The Bank of New York Mellon Trust Company, N.A. The notes are registered under an existing Registration Statement on Form S-3 (No. 333-285413), and AT&T is filing related underwriting, note forms and legal opinion exhibits for incorporation by reference.

AT&T Inc. is offering €4,100,000,000 and £550,000,000 of senior unsecured global notes in five series: €1.0B 3.600% notes due 2030, €1.25B 4.150% due 2034, €1.0B 4.550% due 2038, €850M 5.050% due 2045 and £550M 7.050% due 2052. The euro notes pay annual interest and the sterling notes pay semiannual interest, all starting in 2027, with maturities on August 3 of the respective years.

Initial public offering prices are slightly below par, with underwriting discounts ranging from 0.200% to 0.550%, resulting in net proceeds of approximately €4,077,970,000 and £546,001,500 before expenses, to be used for general corporate purposes. The notes are unsecured, unsubordinated obligations ranking pari passu with other AT&T debt and may be redeemed early at make-whole premiums before specified par call dates and at par thereafter. They are intended to be listed on the New York Stock Exchange and cleared through Euroclear and Clearstream. Investors face foreign exchange risk because payments are in euro or GBP, though AT&T may switch to U.S. dollar payments if those currencies cease to exist, and certain non-U.S. holders may receive additional amounts to offset specified U.S. withholding taxes.

AT&T Inc., through its indirect wholly owned subsidiary AT&T Mobility II LLC, completed the previously announced acquisition of wireless spectrum licenses from EchoStar Corporation and its subsidiaries on July 28, 2026. The Buyer acquired licenses in the 600 MHz band and the 3.45 GHz band for total cash consideration of approximately $23 billion. To fund part of this amount, AT&T drew $11.5 billion on its two-year term loan facility and $3.0 billion on its 364-day term loan facility under a $17.5 billion Delayed Draw Term Loan Credit Agreement with Bank of America, N.A., with the remaining purchase price paid in cash.

The acquired spectrum covers virtually every market across the United States and adds approximately 30 MHz of nationwide 3.45 GHz mid-band spectrum and approximately 20 MHz of nationwide 600 MHz low-band spectrum to AT&T’s portfolio. AT&T states that the added spectrum boosts its 5G capacity and download speeds and supports an AI-ready connected experience by enhancing uplink capabilities. The company also reiterates the financial outlook and capital allocation plan previously provided with its second-quarter 2026 earnings release.

AT&T Inc. reported Q2 2026 operating revenues of $31,558 million, up 2.3% year over year, with operating income rising 8.3% to $7,038 million. Income from continuing operations was $5,038 million and net income attributable to common stock was $4,591 million, or diluted EPS of $0.66 versus $0.62 a year earlier. For the first six months, operating income grew 11.8% to $13,696 million, while income from continuing operations before income taxes fell 7.2% to $11,220 million, reflecting higher interest expense and a decrease in equity in net income of affiliates after the July 2, 2025 sale of the DIRECTV interest.

The new Advanced Connectivity segment led growth, with Q2 operating revenues of $28,615 million, up 4.1%, and operating income of $7,345 million, up 20.3%. Advanced home internet revenues rose 27.3% in both the quarter and year-to-date, and wireless service revenues increased 3.3% on subscriber gains and pricing actions. Legacy segment revenues fell 25.9% as copper-based services are decommissioned, while Latin America service revenues grew 17.8% but with lower margins. On February 2, 2026 AT&T acquired Lumen’s Mass Markets fiber business for $5,756 million and classified the related Forged Fiber subsidiary as discontinued operations, which produced a year-to-date loss of $66 million. Cash provided by operating activities from continuing operations was $18,396 million in the first half, funding $10,577 million of capital expenditures, $2,725 million of acquisitions and $4,435 million of share repurchases under December 2024 and January 2026 $10,000 million authorizations.

AT&T Inc. reported second‑quarter 2026 operating revenues of $31.6 billion, up 2.3% year over year. Diluted EPS from continuing operations was $0.66 versus $0.62, while adjusted EPS rose to $0.65 from $0.54 and adjusted EBITDA increased to $12.3 billion.

Free cash flow was $4.7 billion versus $4.4 billion, as cash from operations reached $10.8 billion and capital investment was $6.1 billion. Advanced Connectivity service revenue grew 5.1% to $23.5 billion, with operating income up 20.3% to $7.3 billion, supported by 646,000 internet net adds (367,000 fiber, 279,000 fixed wireless) and 432,000 postpaid phone net adds.

Legacy segment revenue declined 25.9% to $1.6 billion as copper-based services wind down, while Latin America revenue grew 16.1% but operating income slipped to $38 million. Management reiterated 2026‑2028 guidance, including 2026 adjusted EPS of $2.25–$2.35, free cash flow of at least $18 billion rising to $21 billion+ by 2028, annual capital investment of $23–$24 billion, and plans to maintain a $1.11 annual dividend and return $45 billion+ via dividends and share repurchases, with about $10 billion of buybacks targeted for 2026.

AT&T Inc. director Cindy B. Taylor received a compensation-related grant of 8,695.6522 Deferred Stock Units tied to AT&T common stock. The units were acquired at a reference value of $20.70 per unit under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.

After this award, Taylor has 223,448.0108 Deferred Stock Units held indirectly through a benefit plan. Separately, she holds 5,718 shares of AT&T common stock and 320 Depositary Shares representing interests in 4.750% Perpetual Preferred Stock, Series C. Deferred units are settled in cash after board service ends.