Form 4: AT&T Executive Legg Reports Stock Transactions
SEC Form 4 Filing
Chief Technology Officer Jeremy Alan Legg reports the acquisition and disposal of AT&T common stock and restricted stock units.
Summary
- On September 13, 2024, Jeremy Alan Legg, Chief Technology Officer of AT&T Inc., reported transactions involving AT&T's common stock and restricted stock units.
- Legg acquired 44,407 shares of common stock upon the vesting of restricted stock units, with each unit converting into one share.
- Simultaneously, Legg disposed of 19,868 shares of common stock to cover mandatory tax withholding obligations at a price of $21.64 per share.
- Following these transactions, Legg directly owns 340,986 shares of AT&T common stock.
- Additionally, Legg indirectly owns 4,767.5576 shares through a 401(k) plan as of July 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the executive's holdings, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of 401(k) plan statement. |
| 09/13/2024 | Date of stock transactions (acquisition and disposal). |
| 09/15/2024 | Restricted stock units vest and distribute. |
| 09/17/2024 | Date of Form 4 filing. |
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