4/A: AT&T CTO Amends Performance Share Ownership
Insider Transaction Amendment
AT&T's Chief Technology Officer, Jeremy Alan Legg, filed an amended Form 4 detailing adjustments to performance share distributions and tax withholdings.
Summary
- This is an amendment to a previous Form 4 filed on February 2, 2026, for AT&T INC. (T) Chief Technology Officer, Jeremy Alan Legg.
- The amendment reflects a re-calculation of shares withheld to satisfy federal taxes on the distribution of performance shares.
- 67,310.3428 shares of common stock were withheld for taxes at a price of $25.13 per share on January 29, 2026.
- 55,318.8972 performance shares were distributed in cash after taxes at a price of $25.13 per share on January 29, 2026.
- An additional 28,497 performance shares were distributed in AT&T common stock after taxes on January 29, 2026.
- The filing also reflects the transfer of 28,497 shares from indirect ownership by a benefit plan to direct ownership due to the distribution of performance shares.
- Following these reported transactions, Jeremy Alan Legg directly owns 385,049 shares of AT&T common stock, with no indirect ownership by a benefit plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it merely clarifies an executive's equity compensation adjustments and tax obligations, with no direct impact on company operations or financial performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding AT&T's future performance or strategic direction.
Industry Context
StockSavvy.ai notes that Form 4/A filings are routine for executives managing equity compensation, reflecting standard tax obligations and share distributions. This filing provides transparency into executive shareholdings but does not indicate any strategic shifts or operational performance for AT&T.
Comparison to Industry Standards
- This filing is a standard disclosure of executive equity transactions, common across all publicly traded companies. There are no specific comparable companies or projects to assess as it relates to an individual's compensation structure and tax obligations, which are typically governed by company-specific compensation plans and general tax laws.
Stakeholder Impact
- Shareholders: Provides updated transparency on executive shareholdings, which is generally positive for corporate governance.
- Employees: No direct impact on general employees.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 01/29/2026 | Date of earliest transaction reported, involving share withholding and distributions. |
| 02/02/2026 | Date the original Form 4 was filed. |
| 02/19/2026 | Date the amended Form 4/A was signed. |
Keywords
AT&T, T, Jeremy Alan Legg, Chief Technology Officer, Form 4/A, SEC filing, insider trading, stock ownership, performance shares, equity compensation, tax withholding
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.