AT&T INC. — Director's Dealing 2023

Dec 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2023-11-30

Reporting Person: McElfresh Jeffery S. (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-30	Common Stock	M	4196	—	Acquired	240568	Direct
2023-11-30	Common Stock	F	4196	$16.57	Disposed	236372	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-30	Restricted Stock Units (2023)	$	M	4196	Disposed		Common Stock (4196)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6452.4721	Indirect
Common Stock	138628.9788	Indirect

Footnotes

F1: Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. One-third of the units vests and distributes on each of 1/15/2024, 1/15/2025, and 1/15/2026. Vesting (but not distribution) is accelerated on retirement eligibility.

F2: Mandatory tax withholding on vested Restricted Stock Units.

F3: Based on a 401(k) plan statement dated 10/31/2023.