Form 4: AT&T Director Scott T. Ford Reports Acquisition of Deferred Stock Units

Director Scott T. Ford reports acquisition of deferred stock units in AT&T Inc. under the Non-Employee Director Stock and Deferral Plan.

Summary

• On October 31, 2024, Scott T. Ford, a director of AT&T Inc., acquired 2,781.4049 deferred stock units under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• These units are payable in cash, with each unit equivalent to one share of AT&T common stock, after Mr. Ford ceases to be a director.
• The price of the derivative security is $22.54.
• Following the transaction, Mr. Ford indirectly owns 228,701.6483 derivative securities through a benefit plan.
• Mr. Ford also directly owns 81,319 shares of AT&T common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects a director's continued investment in the company through a standard compensation plan.

Positives

• The acquisition of deferred stock units demonstrates the director's continued investment in the company's future.

Future Outlook

The deferred stock units will be paid out in cash after the reporting person ceases to be a director, at times elected by the director.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders as it reflects the director's alignment with shareholder interests.

Key Dates