Form 4: AT&T Director Michael McCallister Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Michael McCallister reports changes in beneficial ownership of AT&T stock due to gift transactions.
Summary
- On August 8, 2024, Michael McCallister, a director of AT&T Inc., reported changes in his beneficial ownership of AT&T common stock.
- He gifted 18,712 shares of common stock.
- Following the transaction, McCallister directly owns 0 shares and indirectly owns 31,510 shares through a family trust, 30,566 shares through a GRAT, and 7,000 shares through another trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing reporting a gift of shares.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders, as it is a personal transaction of a director.
Key Dates
| Date | Description |
|---|---|
| 08/08/2024 | Date of transaction (gift of shares) |
| 08/12/2024 | Date of signature on the report |
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