MAYER MARISSA A 4

What Happened Marissa A. Mayer, a director of AT&T Inc., was granted 305.651 deferred stock units (DSUs) on 2026-01-30 as an award (code A). The units were recorded at $26.21 each, for a total reported value of $8,011. This was an award of derivative units as part of director compensation—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-30 (reported on Form 4 filed 2026-02-03).
• Instrument and amount: 305.651 deferred stock units at $26.21 per unit; total value $8,011 (derivative award).
• Shares owned after the transaction: Not specified in the filing.
• Footnote: The DSUs were acquired under the AT&T Non-Employee Director Stock and Deferral Plan; after the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share at times elected by the director.
• Timeliness: Filing appears timely (reported within the Section 16 reporting window).

Context Deferred stock units are a form of director compensation that reflect the value of common shares but are paid out later (here, in cash tied to AT&T's share price) and do not represent immediate open-market buying or selling. The modest $8k value suggests routine director compensation rather than a market signal about AT&T’s stock.