Form 4: AT&T Executive F. Thaddeus Arroyo Reports Stock Transactions

F. Thaddeus Arroyo, Chief Strategy & Development Officer at AT&T, reports the vesting and distribution of restricted stock units and associated tax withholding.

Summary

• On September 13, 2024, F. Thaddeus Arroyo, Chief Strategy & Development Officer of AT&T Inc., reported transactions involving AT&T common stock.
• 44,407 restricted stock units vested and were converted into common stock.
• Simultaneously, 17,475 shares were disposed of to cover mandatory tax withholding obligations at a price of $21.64 per share.
• Following these transactions, Arroyo directly owns 355,061 shares of AT&T common stock.
• Arroyo also indirectly owns 2,322.357 shares through a 401(k) plan and 8,752.2651 shares through a benefit plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment. It's a factual report of executive compensation and ownership changes.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.

Key Dates