Form 4: Marissa A. Mayer Reports Acquisition of AT&T Deferred Stock Units

Director Marissa A. Mayer reports the acquisition of deferred stock units in AT&T Inc. under the Non-Employee Director Stock and Deferral Plan.

Summary

• Marissa A. Mayer, a director of AT&T Inc., reported the acquisition of 153.853 deferred stock units on April 30, 2025.
• These units were acquired under the AT&T Inc. Non-Employee Director Stock and Deferral Plan.
• Each unit will be paid out in cash equal to the value of one share of AT&T common stock after Mayer ceases to be a director, at times elected by her.
• Following the transaction, Mayer indirectly owns 15,511.4272 derivative securities through a benefit plan.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a neutral to slightly positive sentiment as it aligns director interests with company performance.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of AT&T.

Future Outlook

The deferred stock units will be paid out in cash after the reporting person ceases to be a director, at times elected by the director.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders.

Key Dates

Keywords

AT&T, deferred stock units, director, Mayer, Form 4, Non-Employee Director Stock and Deferral Plan, beneficial ownership