ROSE MATTHEW K 4

What Happened
Matthew K. Rose, a director of AT&T Inc., received two awards of deferred stock units (derivative securities) under the AT&T Non‑Employee Director Stock and Deferral Plan. On 2026-03-31 he was awarded 215.592 units at $28.99 each (value $6,250), and on 2026-04-30 he was awarded 3,550.312 units at $26.13 each (value $92,770). These are awards/acquisitions (transaction code A), not open‑market purchases or sales.

Key Details

• Transaction dates and amounts:
  • 2026-03-31: 215.592 deferred stock units @ $28.99 = $6,250 (derivative)
  • 2026-04-30: 3,550.312 deferred stock units @ $26.13 = $92,770 (derivative)
• Total units awarded: 3,765.904; total reported value: $99,020.
• Shares owned after transaction: Not specified in the filing.
• Footnote: These are deferred stock units per the Non‑Employee Director Stock and Deferral Plan. After the director leaves the board, each unit is paid out in cash equal to the value of one AT&T share at payout times elected by the director.
• Timeliness: The 2026-03-31 award was reported after the typical Form 4 deadline (late); the 2026-04-30 award was included in the same filing dated 2026-05-04.

Context
Deferred stock units are a form of compensation for non‑employee directors and represent a right to receive cash equal to the stock value later; they are not immediate stock purchases and do not by themselves indicate a directional trade (buy/sell) in the market. This filing documents compensation awarded to a director rather than an insider buying or selling shares on the open market.