T.NYSEAt&T INC

Form 4: AT&T Executive Sabrina Sanders Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Sabrina Sanders, SVP-ChiefActngOfcr&Controller at AT&T, reported the vesting and distribution of restricted stock units and associated tax withholding.

Summary

  • On September 13, 2024, Sabrina Sanders, SVP-ChiefActngOfcr&Controller at AT&T, reported transactions involving AT&T common stock.
  • These transactions included the vesting and distribution of 44,407 restricted stock units, each convertible into one share of AT&T common stock.
  • Sanders also reported the disposal of 17,475 shares to cover mandatory tax withholding obligations at a price of $21.64 per share.
  • Following these transactions, Sanders directly owns 145,306 shares of AT&T common stock.
  • Sanders also indirectly owns 4,071.0378 shares through a 401(k) plan and 3,622.7718 shares through a benefit plan.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency regarding the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

DateDescription
07/31/2024Date of 401(k) plan statement used for reporting indirect ownership.
09/13/2024Date of the reported transactions (vesting of restricted stock units and tax withholding).
09/15/2024Date the restricted stock units vest and distribute.
09/17/2024Date the Form 4 was signed.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.