Form 4: AT&T Executive Lori M. Lee Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Lori M. Lee, Global Marketing Officer & SEVP HR & International at AT&T, reports changes in beneficial ownership of AT&T Inc. stock, including gifts and holdings through joint trusts and benefit plans.
Summary
- Lori M. Lee, a Global Marketing Officer & SEVP HR & International at AT&T Inc., filed a Form 4 on April 25, 2024, reporting changes in her beneficial ownership of AT&T common stock.
- On April 24, 2024, Lee gifted 32,783 shares of AT&T common stock.
- Following the reported transactions, Lee directly owns 0 shares and indirectly owns 391,151 shares through a joint trust, 11,457.0653 shares through a 401(k), and 7,955.1644 shares through a benefit plan.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock ownership changes. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard reporting practices.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of AT&T's officers.
Key Dates
| Date | Description |
|---|---|
| 02/29/2024 | Date of 401(k) plan statement used as a basis for the report. |
| 04/24/2024 | Date of the stock gift transaction. |
| 04/25/2024 | Date the Form 4 was signed and filed. |
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