Form 4: AT&T Director Cindy B. Taylor Reports Changes in Beneficial Ownership

Director Cindy B. Taylor reports acquisition and disposal of AT&T securities, including common stock, depositary shares, and deferred stock units.

Summary

• On May 31, 2024, Cindy B. Taylor, a director of AT&T Inc., reported changes in her beneficial ownership of AT&T securities.
• She disposed of 5,718 shares of common stock.
• She disposed of 320 depositary shares representing preferred stock Series C.
• She acquired 12,074.6432 deferred stock units under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• Following these transactions, Taylor directly owns 5,718 shares of common stock and indirectly owns 164,817.8664 deferred stock units through a benefit plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard SEC filing reporting changes in beneficial ownership, with no inherent positive or negative implications.

Future Outlook

Deferred stock units are 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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Key Dates