Desroches Pascal 4

What Happened Pascal Desroches, Senior Executive Vice President and Chief Financial Officer of AT&T, was granted/ acquired 1,442.936 deferred stock units on February 28, 2026 at a reported per-share value of $28.01, totaling $40,417. The transaction is reported on a Form 4 as an award/acquisition (code A).

Key Details

• Transaction date: 2026-02-28
• Transaction type: Award / acquisition of deferred stock units (code A)
• Shares/units acquired: 1,442.936
• Price/value: $28.01 per share; total value reported $40,417
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing
• Footnotes:
  • F1: These are deferred stock units purchased by the reporting person via automatic payroll deductions with partial company matching; units settle only in common stock on a 1-for-1 basis.
  • F2: Valuation/info based on a 401(k) plan statement dated 1/31/2026
• Filing date: Form filed 2026-03-03 (date provided in filing)

Context This was not an open-market purchase but a routine acquisition of deferred stock units through payroll deferral and company matching. Such transactions are common for executive compensation and retirement deferral plans and do not necessarily signal a change in the insider’s view of the company.