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 Inc. stock due to gift transactions.
Summary
- On February 10, 2025, Michael McCallister, a director of AT&T Inc., reported changes in his beneficial ownership of the company's common stock.
- He gifted 30,566 shares of common stock, and acquired 30,566 shares of common stock through a GRAT (Grantor Retained Annuity Trust).
- He also has 7,000 shares held by a trust.
- The report was signed by Johnell C. Holland, Attorney-in-fact, on March 18, 2025.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to changes in beneficial ownership, with no inherently positive or negative implications.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of stock gift and GRAT transaction |
| 03/18/2025 | Date of signature by Attorney-in-fact |
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