AT&T INC.·4

Feb 2, 5:40 PM ET

Legg Jeremy Alan 4

4 · AT&T INC. · Filed Feb 2, 2026

Research Summary

AI-generated summary of this filing

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AT&T CTO Jeremy Legg Receives 151,126 Performance Shares

What Happened

  • Jeremy Alan Legg, Chief Technology Officer of AT&T (T), received a distribution of performance shares on January 29, 2026 — 151,126.24 performance shares (each equivalent in value to one common share). As part of the distribution, 65,534.703 shares were surrendered/ sold to cover mandatory tax withholding at $25.13 per share (proceeds $1,646,887), and 56,490.537 shares were returned to the issuer at $25.13 per share (value $1,419,607). An additional 29,101 shares were transferred from indirect to direct ownership due to the distribution. Legg also acquired 42,280 restricted stock units (RSUs) under the 2018 Incentive Plan (derivative award; $0 exercise price).

Key Details

  • Transaction date: 2026-01-29; Form 4 filed 2026-02-02 (appears timely — within 2 business days).
  • Performance shares distributed: 151,126.24 (F1). Each performance share equals one common share in value (F2).
  • Tax withholding: 65,534.703 shares disposed at $25.13 = $1,646,887 (F3 — mandatory withholding; F4 indicates portion distributed in cash after taxes).
  • Disposition to issuer: 56,490.537 shares at $25.13 = $1,419,607.
  • Transfer to direct ownership: 29,101 shares moved from indirect to direct ownership due to distribution (F5).
  • RSUs: 42,280 restricted stock units granted under the 2018 Incentive Plan (convert to one share each; one‑third vests and distributes on 2/15/2027, 2/15/2028, 2/15/2029; vesting accelerates on retirement eligibility) (F7).
  • Some holdings referenced from a 401(k) statement dated 11/30/2025 (F6).
  • Shares owned after transaction: not specified in the Form 4 filing.

Context

  • This filing reflects awards and routine tax-withholding-related dispositions tied to a performance share distribution — not an open-market purchase or a discretionary sale by the insider. Sales here are to satisfy taxes and to return shares to the issuer, which is common when performance shares or RSUs are distributed. The RSU grant vests over multiple years, so those shares are subject to future vesting conditions.

Insider Transaction Report

Form 4
Period: 2026-01-29
Legg Jeremy Alan
Chief Technology Officer
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-01-29+151,126.24151,126.24 total(indirect: By Benefit Plan)
  • Tax Payment

    Common Stock

    [F3]
    2026-01-29$25.13/sh65,534.703$1,646,88785,591.537 total(indirect: By Benefit Plan)
  • Disposition to Issuer

    Common Stock

    [F4]
    2026-01-29$25.13/sh56,490.537$1,419,60729,101 total(indirect: By Benefit Plan)
  • Disposition to Issuer

    Common Stock

    [F5][F2]
    2026-01-2929,1010 total(indirect: By Benefit Plan)
  • Award

    Restricted Stock Units (2026)

    [F7]
    2026-01-29+42,28042,280 total
    Common Stock (42,280 underlying)
Holdings
  • Common Stock

    [F6]
    (indirect: By 401(k))
    6,008.833
  • Common Stock

    [F5]
    385,653
Footnotes (7)
  • [F1]Total performance shares distributed.
  • [F2]Each performance share is equivalent in value to a share of common stock.
  • [F3]Mandatory tax withholding on distribution of performance shares.
  • [F4]Represents portion of the performance shares distributed in cash, after taxes.
  • [F5]Reflects transfer of 29,101 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.
  • [F6]Based on a 401(k) plan statement dated 11/30/2025.
  • [F7]Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 2/15/2027, 2/15/2028, and 2/15/2029. Vesting (but not distribution) is accelerated on retirement eligibility.
Signature
/s/ Johnell C. Holland, Attorney-in-fact|2026-02-02

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT