ROSE MATTHEW K 4

What Happened

• Matthew K. Rose, a director of AT&T Inc. (T), was granted 9,274.194 deferred stock units on 2026-05-29. The units are recorded at $24.80 each for a total value of $230,000. The Form 4 shows this as an Award/Grant (transaction code A) and the award is a derivative (deferred stock units), not immediate shares of common stock.

Key Details

• Transaction date: 2026-05-29; Filing date: 2026-06-02 (filed on the SEC Form 4; appears timely under the two-business-day rule).
• Instrument: 9,274.194 deferred stock units (derivative), $24.80 per unit, total $230,000.
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Units were acquired under the AT&T Non-Employee Director Stock and Deferral Plan; after Rose ceases to be a director each unit will be paid out in cash equal to the value of one AT&T share at payout times elected by the director.
• Transaction code: A (award/grant); treatment: derivative (deferred compensation), not an immediate stock purchase.

Context

• Deferred stock units (DSUs) are a form of deferred compensation for non-employee directors. They do not represent voting shares and will be settled in cash based on the company’s stock value at payout, typically after the director leaves the board. Such awards are routine for director compensation and do not by themselves indicate an insider buying or selling company stock for market-view purposes.