Sabrina Sanders S 4/A
Research Summary
AI-generated summary
AT&T (T) SVP Sabrina Sanders Sells 26,350 Shares for Taxes
What Happened
Sabrina Sanders S, Senior Vice President and Acting Chief Accounting Officer & Controller at AT&T, disposed of a total of 26,350 shares on 2026-01-29 related to a performance-share distribution. The filing shows two related transactions at $25.13 per share: 7,713.624 shares withheld to satisfy taxes ($193,843) and 18,636.376 shares disposed to the issuer as the cash-distributed portion after taxes ($468,332). Total value of shares disposed was about $662,175. These were not open-market buys; they reflect tax withholding and issuance procedures.
Key Details
- Transaction date: 2026-01-29; reported in an amended Form 4 filed 2026-02-19.
- Prices and amounts: 7,713.624 shares @ $25.13 = $193,843 (tax withholding, code F); 18,636.376 shares @ $25.13 = $468,332 (disposition to issuer, code D).
- Combined shares disposed: 26,350; combined value: ~$662,175.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnotes: F1/F2 state this filing was revised to reflect a re-calculation of shares withheld for federal taxes and the resulting cash distribution of performance shares after taxes.
- Nature of transactions: routine tax withholding and cash distribution of performance shares (not a voluntary market sale).
Context
Code F indicates shares were withheld to satisfy tax liabilities on a distribution of performance shares; code D indicates shares were returned/disposed to the issuer as part of the cash distribution process. These are common administrative actions following equity awards and do not necessarily signal insider sentiment about the company's stock. The filing is an amendment to reflect recalculated withholding and distribution amounts.