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 July 31, 2024, Beth E. Mooney, a director of AT&T Inc., acquired 2,351.1076 deferred stock units.
• These units were acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• The price of the derivative security is $19.25.
• Following the transaction, Mooney beneficially owns 165,445.9602 derivative securities indirectly through a benefit plan.
• Mooney also directly owns 28,700 shares of AT&T common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't contain overtly positive or negative information, but the continued investment by a director can be seen as a mildly positive signal.

Positives

• The acquisition of deferred stock units indicates continued alignment of the director's interests with those of the shareholders.

Future Outlook

After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates