4/A: AT&T Executive Reports Changes in Beneficial Ownership of Shares
SEC Form 4/A (Amendment to Statement of Changes in Beneficial Ownership)
Kenny Kellyn Smith, Chief Marketing & Growth Officer of AT&T, filed an amended Form 4 detailing changes in beneficial ownership of AT&T shares due to tax recalculations and distribution of performance shares.
Summary
- Kenny Kellyn Smith, an officer at AT&T, filed an amendment to a Form 4 regarding changes in beneficial ownership of AT&T shares.
- The changes involve the acquisition and disposition of common stock related to the distribution of performance shares and recalculation of federal taxes.
- The transactions occurred on January 30, 2025.
- The filing includes adjustments to reflect shares withheld for taxes and shares distributed in cash and stock after taxes.
- The reporting person now directly owns 228,262 shares of AT&T common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing changes in share ownership due to compensation and tax obligations. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates adjustments related to performance-based compensation and tax obligations, which are common practices in executive compensation.
Key Dates
| Date | Description |
|---|---|
| 01/30/2025 | Date of the transactions involving the acquisition and disposition of AT&T common stock. |
| 02/03/2025 | Date of original filing. |
| 02/26/2025 | Date of signature on the amended form. |
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