At&T SEC Filings

Reporting person Sabrina Sanders, an AT&T officer, reported transactions in AT&T common stock on 08/29/2025. She acquired 106.52 deferred stock units via payroll deduction at an average price of $29.29 per share; these units settle 1-for-1 in stock. The filing also shows 9,249 shares disposed of at $28.94 due to mandatory tax withholding on a restricted stock distribution, and indirect beneficial ownership includes 2,310.473 shares held by a benefit plan and 4,971.7322 shares in a 401(k) (401(k) statement dated 07/31/2025). The form is signed by an attorney-in-fact on 09/03/2025.

Jeffery S. McElfresh, Chief Operating Officer and director of AT&T Inc., reported insider transactions dated 08/29/2025. He acquired 597.472 deferred stock units at a purchase-equivalent value of $29.29 each; those units settle one-for-one in common stock and include automatic payroll deductions with partial company matching. The report also shows 8,751.4626 shares held indirectly in a 401(k) plan (per a 7/31/2025 statement) and a disposition of 557,461 common shares. After the reported activity, the filing lists 166,177.065 shares beneficially owned indirectly via a benefit plan. Explanatory notes state the deferred units convert to stock on a 1-for-1 basis and that the 401(k) balance is from a plan statement.

Lori M. Lee, an AT&T Inc. officer (listed as Global Mktg Ofr & SEVP HR&Intl and a director), reported a routine acquisition of company common stock through deferred compensation and benefit plans. On 08/29/2025 she acquired 307.272 deferred stock units at a price of $29.29 per unit; deferred stock units settle 1-for-1 in shares. The filing lists multiple sources of her beneficial ownership: 9,575.962 shares held via a benefit plan, 13,622.9735 shares in a 401(k) (based on a 7/31/2025 statement), 391,151 shares in a 2024 trust, and 93,424 shares in a joint trust. The form is signed by an attorney-in-fact on behalf of the reporting person.

Pascal Desroches, Senior Executive Vice President and Chief Financial Officer of AT&T Inc., reported purchases of 1,529.25 deferred stock units on 08/29/2025 at an effective price of $29.29 per unit. The filing shows 131,330.172 total shares beneficially owned after the transaction, with portions held indirectly: 6,704.218 shares in a 401(k) (based on a 7/31/2025 statement) and other holdings stated as settled through benefit plans. The DSUs were acquired via automatic payroll deductions with partial company matching and settle 1-for-1 in common stock. The Form 4 was signed by an attorney-in-fact on 09/03/2025.

AT&T Inc. (T) reporting person Arroyo F. Thaddeus, Chief Strategy & Development Officer, filed a Form 4 disclosing transactions dated 08/29/2025. The filing shows an acquisition of 723.113 deferred stock units at a price of $29.29 each; these units are deferred stock units settled 1-for-1 in common stock. After the reported transactions the reporting person beneficially owns 5,739.979 shares indirectly. The filing also cites 3,060.901 shares held in a 401(k) (based on a 7/31/2025 statement) and lists a disposition of 379,962 common shares. The Form 4 was signed by an attorney-in-fact on 09/03/2025.

AT&T agreed that an indirect, wholly‑owned Delaware subsidiary (the Buyer) entered a License Purchase Agreement to buy licenses from EchoStar and certain EchoStar subsidiaries (the Sellers). The agreement allows for certain licenses to be treated as Excluded Licenses if they are impaired, revoked, cancelled, terminated or not renewed before Closing, and the Purchase Price will be reduced in cash for each excluded license (an Excluded Reduction).

The Sellers may not be required to close if aggregate Excluded Reductions reduce the Purchase Price below a Minimum Purchase Price of $18.6B. The Buyer can instead elect to pay the Minimum Purchase Price at Closing to satisfy that condition. Closing is subject to HSR clearance under the Hart‑Scott‑Rodino Act and certain Federal Communications Commission consents and approvals.