Research Summary
AI-generated summary of this SEC filing
AT&T (T) Lori M. Lee Receives Award of 499.616 Shares
What Happened
- Lori M. Lee, AT&T's Global Marketing Officer & Senior EVP, International, acquired 499.616 deferred stock units on July 31, 2026. The units were recorded at $23.25 per share for a reported aggregate value of $11,616. This transaction is an award/acquisition (not a sale) resulting from payroll deferrals and partial company matching contributions.
Key Details
- Transaction date and price: 2026-07-31 at $23.25 per share (499.616 units; $11,616 total).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — these are deferred stock units purchased via automatic payroll deductions with partial company matching; settled 1-for-1 in AT&T stock. F2 — valuation based on a 401(k) statement dated 6/30/2026.
- Filing timing: Form filed on 2026-08-04 (four days after the reported transaction). Form 4s are generally due within two business days, so this filing appears to have been submitted after that standard window.
Context
- These units are deferred stock units (not open-market purchases or option exercises); they represent retirement/deferred compensation deferrals and company matching rather than a market-driven buy or sale. Such awards are routine components of executive compensation and do not by themselves indicate the insider’s short-term view of the stock.