Form 4: AT&T Executive Sells Shares for Tax Withholding
Insider Transaction Report
AT&T's SrEVP-Ext & Legal Affairs, Edward W. Gillespie, disposed of 26,252 shares of common stock for mandatory tax withholding.
Summary
- Edward W. Gillespie, AT&T's Senior Executive Vice President of External & Legal Affairs, reported a transaction on December 15, 2025.
- The transaction involved the disposition of 26,252 shares of AT&T Common Stock.
- This disposition was for mandatory tax withholding related to the distribution of restricted stock.
- The shares were disposed of at a price of $24.58 per share.
- Following this transaction, Gillespie directly owns 213,901 shares of Common Stock.
- Additionally, Gillespie indirectly owns 6,785.5229 shares through a 401(k) plan, based on a statement dated October 31, 2025.
Sentiment
Score: 5
Explanation: The transaction is a routine mandatory tax withholding on restricted stock, which is a neutral event and does not indicate positive or negative sentiment towards the company's prospects.
Future Outlook
N/A
Industry Context
This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning for AT&T. Such transactions are common for executives receiving equity compensation.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes by an executive.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 10/31/2025 | Date of 401(k) plan statement reflecting indirect beneficial ownership. |
| 12/15/2025 | Date of the reported transaction for the disposition of common stock. |
| 12/17/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
AT&T, T, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Edward W. Gillespie, Restricted Stock, Common Stock
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