Form 4: AT&T Director Scott T. Ford Reports Acquisition of Deferred Stock Units
SEC Form 4
Director Scott T. Ford reports acquisition of deferred stock units in AT&T Inc.
Summary
- On May 31, 2024, Scott T. Ford, a director of AT&T Inc., acquired 12,074.6432 deferred stock units pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
- The price of the derivative security was $18.22.
- Following the transaction, Ford beneficially owns 81,319 shares of common stock directly and 214,075.5293 deferred stock units indirectly through a benefit plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock unit acquisition, typical for director compensation. It doesn't inherently indicate positive or negative sentiment.
Future Outlook
After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of transaction: Acquisition of deferred stock units. |
| 06/04/2024 | Date of signature for the Form 4 filing. |
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