Sabrina Sanders S 4

What Happened

• Sabrina Sanders S, SVP & Chief Acting Officer & Controller of AT&T (T), had 7,632 restricted stock units (RSUs) convert into 7,632 shares on 2026-02-13. To satisfy mandatory tax withholding, 2,999 of those shares were withheld (disposed) at $28.80 per share, totaling $86,371. The remaining net shares delivered to Sanders were approximately 4,633 shares.

Key Details

• Transaction date: 2026-02-13; Form filed: 2026-02-18 (filed 5 days after the transaction).
• Conversion: 7,632 RSUs converted to 7,632 shares (reported as exercise/conversion of derivative).
• Tax withholding: 2,999 shares withheld/disposed at $28.80, amounting to $86,371 (mandatory withholding).
• Net shares retained by insider: ~4,633 shares (7,632 converted − 2,999 withheld).
• Footnotes: F1 — RSUs awarded under the 2018 Incentive Plan; vesting/distribution schedule is one‑third on 2/15/2026, 2/15/2027, and 2/15/2028 (vesting may accelerate on retirement eligibility). F2 — mandatory tax withholding on RSU distribution. F3 — referenced a 401(k) statement dated 1/31/2026.
• Filing timeliness: The Form 4 was filed on 2026-02-18 for a 2026-02-13 transaction (late filing); late filings can lead to SEC scrutiny or require explanatory disclosure.

Context

• This was an RSU vest/conversion and a mandatory tax-withholding disposition, not an open-market sale or purchase; withholding is routine and does not necessarily indicate the insider's view on the stock.
• For retail investors, awards converting into shares are common forms of executive compensation; purchases by insiders generally carry more informational weight than routine withholding or vesting events.