TAYLOR CINDY B 4

What Happened
Cindy B. Taylor, a director of AT&T Inc. (T), received an award of 2,130.099 deferred stock units (reported as a derivative grant) on 2026-01-30. The units were valued at $26.21 each for a total reported value of $55,830. This transaction is a grant/award (not an open‑market purchase or sale) and is typically part of director compensation.

Key Details

• Transaction date: 2026-01-30; Form 4 filed: 2026-02-03 (period of report 2026-01-30).
• Award type: Derivative — deferred stock units acquired pursuant to the AT&T Inc. Non‑Employee Director Stock and Deferral Plan.
• Units granted: 2,130.099; Price per unit: $26.21; Total value reported: $55,830.
• Shares owned after transaction: Not reported in this filing.
• Footnotes:
  • F1: Each Depository Share represents a 1/1,000th interest in a share of 4.750% Perpetual Preferred Stock, Series C.
  • F2: The deferred stock units are acquired under the 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 AT&T common share at times elected by the director.
• Filing timeliness: No late‑filing flag provided in the data supplied.

Context
Deferred stock units awarded to non‑employee directors are a form of compensation and are typically settled in cash (per the plan) rather than reflecting an immediate purchase of common stock. Such grants are routine director pay and do not, by themselves, indicate the director bought or sold common stock.