4/A: AT&T Executive Amends Share Ownership Filing

An AT&T executive filed an amended Form 4 detailing revised calculations for performance share distributions and tax withholdings.

Summary

• Edward W. Gillespie, SEVP-Ext & Legislative Affairs at AT&T INC., filed an amended Form 4 (Form 4/A) on February 19, 2026.
• The amendment revises previously reported transactions related to the distribution of performance shares and associated federal tax withholdings that occurred on January 29, 2026.
• 71,302.0967 shares of common stock were disposed of at a price of $25.13 per share to satisfy federal taxes on the distribution of performance shares.
• An additional 57,286.9033 shares were distributed in cash, after taxes, at a price of $25.13 per share.
• 29,511 performance shares, equivalent in value to common stock, were distributed in issuer's shares, after taxes, and transferred from indirect benefit plan ownership to direct ownership.
• Following these revised transactions, Gillespie directly owns 264,500 shares of common stock and indirectly owns 86,797.9033 shares through a benefit plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing. It corrects previous disclosures regarding executive share ownership and tax withholdings, without indicating any operational or strategic changes for AT&T.

Positives

• Clarifies the accurate beneficial ownership of common stock for the reporting person, enhancing transparency.

Negatives

• No direct negative operational impacts are indicated, as this is a corrective administrative filing.

Future Outlook

NA

Management Comments

• Edward W. Gillespie holds the position of SEVP-Ext & Legislative Affairs at AT&T INC.

Industry Context

StockSavvy.ai notes that Form 4/A filings are routine amendments to correct previously reported insider transactions, typically having no direct bearing on broader industry trends or competitive landscape. This specific amendment clarifies an executive's compensation and tax-related share movements.

Comparison to Industry Standards

• This filing is an administrative correction of an insider transaction, which does not lend itself to direct comparison with industry-specific operational or financial benchmarks. It aligns with standard regulatory compliance for executive compensation disclosures.

Stakeholder Impact

• Shareholders: Provides updated transparency on an executive's beneficial ownership, ensuring accurate public records.

Key Dates

Keywords

AT&T, T, Form 4/A, Beneficial Ownership, Insider Transaction, Executive Compensation, Performance Shares, SEC Filing