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 April 30, 2024, Beth E. Mooney, a director of AT&T Inc., acquired 2,441.1305 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 was $16.89.
• Following the transaction, Mooney indirectly owns 151,020.2094 derivative securities through a benefit plan.
• Mooney also directly owns 28,700 shares of AT&T common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of stock unit acquisition. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of deferred stock units demonstrates the director's continued investment in AT&T's future.

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 standard practice for corporate insiders to report transactions in their company's securities, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates