Form 4: AT&T Director Cindy B. Taylor Reports Acquisition of Deferred Stock Units

Director Cindy B. Taylor reports acquisition of deferred stock units and disposal of depositary shares.

Summary

• On January 31, 2025, Cindy B. Taylor, a director of AT&T Inc., acquired 2,092.3568 deferred stock units under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• These units are payable in cash equal to the value of one share of AT&T common stock after the reporting person ceases to be a director.
• Taylor also disposed of 5,718 shares of common stock and 320 depositary shares representing preferred stock series C.
• Following these transactions, Taylor indirectly owns 181,017.1367 derivative securities through a benefit plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting routine transactions. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Future Outlook

The deferred stock units will be paid out in cash after the reporting person ceases to be a director, at times elected by the director.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for directors of publicly traded companies like AT&T. These transactions are governed by SEC regulations to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings in the company.

Key Dates

Keywords

Form 4, Director, AT&T, Stock Units, Deferred Stock, Beneficial Ownership, Insider Trading