Form 4: AT&T Executive McAtee Reports Stock Transactions
SEC Form 4 Filing
AT&T's Senior Executive VP and General Counsel, David R. McAtee II, reports changes in beneficial ownership of company stock.
Summary
- David R. McAtee II, a Senior Executive VP and General Counsel at AT&T, filed a Form 4 detailing changes in his beneficial ownership of AT&T stock.
- On July 26, 2024, McAtee disposed of 40,400 shares of common stock at $0 price.
- Following the reported transactions, McAtee directly owns 239,857 shares of AT&T common stock.
- McAtee also indirectly owns 8,553.5673 shares through a 401(k) plan and 478,668 shares through an LP.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
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 executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 6/30/2024 | Date of 401(k) plan statement used for reporting. |
| 07/26/2024 | Date of the stock transaction (disposal of 40,400 shares). |
| 07/30/2024 | Date of the signature on the Form 4 filing. |
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