Form 4: AT&T CEO John T. Stankey Reports Changes in Beneficial Ownership
SEC Form 4 Filing
AT&T CEO John T. Stankey reports acquisition of common stock through dividend reinvestment and adjustments in holdings through benefit plans and trusts.
Summary
- On January 31, 2025, AT&T CEO John T. Stankey reported changes in his beneficial ownership of AT&T stock.
- He acquired 852.8562 shares of common stock through dividend reinvestment at a price of $23.73 per share.
- Stankey's holdings include shares held directly, indirectly through a benefit plan, a 401(k), a family trust, and an LP.
- The report also reflects adjustments in the number of shares held through the benefit plan and 401(k).
- As of the report, Stankey directly owns 120,419 shares of AT&T common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions and holdings.
Positives
- The acquisition of shares through dividend reinvestment indicates confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.
Comparison to Industry Standards
- Executive compensation and stock ownership are common metrics tracked across the telecommunications industry.
- Comparing Stankey's holdings and transactions to those of CEOs at Verizon (VZ) and T-Mobile (TMUS) would provide a benchmark for assessing his stake in AT&T relative to peers.
- Analyzing the percentage of company stock owned by the CEO relative to overall market capitalization is a standard practice.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the CEO's stake in the company.
- It can influence investor confidence based on the perceived alignment of management's interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of 401(k) plan statement used for reporting. |
| 01/31/2025 | Date of the transaction (acquisition of shares through dividend reinvestment). |
| 02/04/2025 | Date of signature for the Form 4 filing. |
Keywords
beneficial ownership, Form 4, AT&T, Stankey, dividend reinvestment, common stock, securities
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