McElfresh Jeffery S. 4

What Happened Jeffery S. McElfresh, Chief Operating Officer of AT&T, received a grant/acquisition of 2,105.433 shares on January 30, 2026. The award is recorded at $26.21 per share for a total value of approximately $55,183. This transaction is an award/deferred stock unit acquisition (compensation-related), not an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-01-30 at $26.21 per share.
• Shares involved: 2,105.433 shares; total value reported $55,183.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing date: 2026-02-03 (no late-filing flag indicated in the provided data).
• Footnotes:
  • F1: These are deferred stock units purchased via automatic payroll deductions with partial company matching; units settle only in stock on a 1-for-1 basis.
  • F2: Based on a 401(k) plan statement dated 12/31/2025.

Context This was a compensation-related award (deferred stock units) tied to payroll/retirement plan mechanics rather than a discretionary market buy or sale. Such awards are routine for executives and reflect compensation deferral and company matching; they should not be read as a direct personal investment decision.