STANKEY JOHN T 4

What Happened
John T. Stankey, CEO & President and a director of AT&T Inc., reported gift transactions on January 20, 2026. The Form 4 shows 96,578 shares disposed as a gift and a matching 96,578 shares acquired as a gift — both at $0.00, total value $0. The offsetting entries indicate an internal transfer between accounts rather than a market sale or purchase.

Key Details

• Transaction date: 2026-01-20; filing date: 2026-01-22 (period of report 2026-01-20).
• Transaction code: G = Gift; price per share reported $0.00; total reported value $0.
• Offsetting entries: 96,578 shares disposed and 96,578 shares acquired (suggests transfer between accounts).
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote F1: based on a 401(k) plan statement dated 11/30/2025 (supports transfer to/from a retirement account).
• No indication this filing was late.

Context
Gifts and internal transfers (including moves into retirement accounts) are routine corporate insider reporting and do not necessarily signal the insider’s view of the company’s stock. Because the filing shows a $0 transfer tied to a 401(k) plan statement, this appears administrative (e.g., moving shares into a retirement account) rather than a market-directed buy or sell.