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 June 28, 2024, Cindy B. Taylor, a director of AT&T Inc., acquired 9,419.1523 deferred stock units pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• The price of the derivative security was $19.11.
• Taylor also disposed of 320 Depositary Shares (Preferred Stock, Series C).
• Following the reported transactions, Taylor beneficially owns 5,718 shares of AT&T common stock directly and 174,237.0187 deferred stock units indirectly through a benefit plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

After ceasing to be a director, each deferred stock 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

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock transactions of a company director.

Key Dates