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

• Director Cindy B. Taylor filed a Form 4 reporting changes in beneficial ownership of AT&T Inc. securities.
• The reported transactions include the disposal of 5,718 shares of common stock and 320 depositary shares representing preferred stock.
• Taylor also acquired 1,813.4388 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 182,830.5755 deferred stock units through a benefit plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard regulatory filing reporting transactions.

Future Outlook

Deferred stock units will be 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.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, AT&T, Securities, Stock, Deferred Stock Units, Depositary Shares