4/A: AT&T Executive Pascal Desroches Reports Amended Transaction in Beneficial Ownership
SEC Filing
Pascal Desroches, AT&T's Sr. Exec VP and CFO, amended a previous filing to reflect the actual number of deferred stock units purchased through payroll deductions and company matching contributions.
Summary
- This is an amended SEC Form 4 filing by Pascal Desroches, Sr. Exec VP and CFO of AT&T Inc.
- The amendment corrects the number of deferred stock units acquired on April 30, 2025, through automatic payroll deductions and partial company matching contributions.
- The corrected filing shows the acquisition of 2,674.244 common stock units at a price of $27.7.
- Following the transaction, Desroches beneficially owns 123,971.354 shares indirectly through a benefit plan.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance and compliance. The sentiment is neutral to slightly positive as it reflects ongoing employee benefit programs.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's securities, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction (acquisition of deferred stock units). |
| 05/02/2025 | Date of original filing. |
| 05/14/2025 | Date of signature on the amended filing. |
Keywords
Form 4, Beneficial Ownership, Deferred Stock Units, Pascal Desroches, AT&T, CFO, Amendment, Payroll Deductions, Company Matching
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