Form 4: AT&T Director Beth E. Mooney Reports Acquisition of Deferred Stock Units

Director Beth E. Mooney reports acquisition of deferred stock units in AT&T Inc. through a non-employee director stock and deferral plan.

Summary

• On October 31, 2024, Beth E. Mooney, a director of AT&T Inc., acquired 2,036.8791 deferred stock units.
• These units were acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• The price of the underlying common stock at the time of the transaction was $22.54.
• Following the transaction, Mooney beneficially owns 167,482.8393 derivative securities indirectly through a benefit plan and 28,700 shares of common stock directly.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Future Outlook

The deferred stock units will be paid out in cash equal to the value of one share of AT&T common stock at times elected by the director after she ceases to be a director.

Industry Context

This filing is a routine disclosure of stock unit acquisitions by a company director, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders, as the value of the units is tied to the performance of AT&T's common stock.

Key Dates