AT&T CFO Pascal Desroches Receives Stock Award

What Happened

• Pascal Desroches, Senior Executive Vice President and Chief Financial Officer of AT&T (T), acquired 1,730.076 deferred stock units on 2026-08-31. The units were recorded at $25.89 each for a total value of $44,792. This filing reports an award/acquisition (code A) tied to payroll deferrals and company matching.

Key Details

• Transaction date and price: 2026-08-31 at $25.89 per unit.
• Shares/units acquired: 1,730.076 deferred stock units; total value reported $44,792.
• Shares owned after transaction: not specified in the Form 4 excerpt provided.
• Footnotes: F1 — these are deferred stock units purchased by the reporting person with automatic payroll deductions and partial company matching; settled 1-for-1 in AT&T stock. F2 — based on a 401(k) plan statement dated 7/31/2026.
• Filing date: Form filed 2026-09-02 (no late-filing flag shown in provided data).

Context

• These were deferred stock units (DSUs), not option exercises or open-market trades. DSUs are commonly used for retirement deferrals and are settled in shares 1-for-1 when distributed, so they reflect compensation/deferral activity rather than an immediate market bet.