Form 4: AT&T Executive Edward W. Gillespie Reports Changes in Beneficial Ownership
SEC Filing Form 4
Edward W. Gillespie, SrEVP-Ext & Legal Affairs at AT&T, filed a Form 4 detailing changes in his beneficial ownership of AT&T stock.
Summary
- On January 25, 2024, Edward W. Gillespie, a Senior Executive Vice President at AT&T, reported changes in his beneficial ownership of AT&T common stock.
- He acquired 58,207 shares of common stock at $0.
- He disposed of 4,205.6627 shares held indirectly through a 401(k) plan.
- He also holds 37,542.5288 shares indirectly through a benefit plan.
- Following these transactions, Gillespie directly owns 159,004 shares of AT&T common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the trading activities of a key executive.
- The transactions may have a minor impact on the supply and demand of AT&T stock.
Key Dates
| Date | Description |
|---|---|
| 01/25/2024 | Date of the reported transaction |
| 01/31/2024 | Date of the 401(k) plan statement used as a basis for the report |
| 03/04/2024 | Date of signature for the report |
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