Form 4: AT&T Executive Kenny Kellyn Smith Reports Stock Transactions

Chief Marketing & Growth Officer Kenny Kellyn Smith reports the vesting and distribution of restricted stock units and associated tax withholding.

Summary

• Kenny Kellyn Smith, Chief Marketing & Growth Officer of AT&T Inc., reported transactions involving AT&T common stock on September 13, 2024.
• These transactions included the vesting and distribution of 44,407 restricted stock units, each convertible into one share of AT&T common stock.
• Smith also reported the disposal of 17,475 shares to cover mandatory tax withholding obligations at a price of $21.64 per share.
• Following these transactions, Smith directly owns 198,491 shares of AT&T common stock.
• Smith also indirectly owns 3,761.5342 shares through a 401(k) plan as of July 31, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing reflecting standard executive compensation practices; therefore, the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation and tax obligations.

Key Dates