AT&T INC.·4

Feb 18, 5:38 PM ET

Legg Jeremy Alan 4

Research Summary

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Updated

AT&T CTO Jeremy Legg Receives 10,816 Shares; 4,564 Withheld

What Happened

  • Jeremy Alan Legg, Chief Technology Officer of AT&T (T), received 10,816 shares on 2026-02-13 due to conversion/vesting of restricted stock units (reported as derivative/vesting). To satisfy mandatory tax withholding, 4,564 of those shares were withheld at $28.80 per share for a withholding value of $131,443. Net shares delivered to Legg were 6,252 (10,816 − 4,564). The underlying RSUs were granted under the 2018 Incentive Plan.

Key Details

  • Transaction date: 2026-02-13; Form 4 filed: 2026-02-18 (appears timely accounting for the federal holiday).
  • Shares acquired via RSU conversion: 10,816.
  • Shares withheld for taxes (disposed): 4,564 at $28.80 per share, totaling $131,443.
  • Net shares received by insider: 6,252 (approx. $180,058 at $28.80/share). Total pre-withholding value ≈ $311,501.
  • Footnotes: F1 — RSUs under 2018 Incentive Plan; vesting/distribution schedule is one-third on 2/15/2026, 2/15/2027, 2/15/2028; vesting accelerates on retirement eligibility. F2 — mandatory tax withholding on RSU distribution. F3 — referenced a 401(k) statement dated 1/31/2026.
  • Shares owned after the transaction are not specified in the reported items.

Context

  • This was an RSU vesting/distribution, not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes is a routine administrative step and does not signal a market-driven sale of remaining shares.
  • For RSU transactions, the M code reflects conversion/vesting of a derivative award and F indicates shares disposed to satisfy taxes. Such awards are common compensation events for executives and are typically pre-scheduled per the plan’s vesting terms.