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: McAtee David R II (Sr. Exec. VP and Gen. Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-30	Common Stock	M	1626	—	Acquired	69316	Direct
2023-11-30	Common Stock	F	1626	$16.57	Disposed	67690	Direct
2023-11-30	Common Stock	M	704	—	Acquired	68394	Direct
2023-11-30	Common Stock	F	704	$16.57	Disposed	67690	Direct
2023-11-30	Common Stock	M	2154	—	Acquired	69844	Direct
2023-11-30	Common Stock	F	2154	$16.57	Disposed	67690	Direct
2023-11-30	Common Stock	M	3263	—	Acquired	70953	Direct
2023-11-30	Common Stock	F	3263	$16.57	Disposed	67690	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-30	Restricted Stock Units (2020)	$	M	1626	Disposed		Common Stock (1626)	Direct
2023-11-30	Restricted Stock Units (2021)	$	M	704	Disposed		Common Stock (704)	Direct
2023-11-30	Restricted Stock Units (2022)	$	M	2154	Disposed		Common Stock (2154)	Direct
2023-11-30	Restricted Stock Units (2023)	$	M	3263	Disposed		Common Stock (3263)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7342.9206	Indirect
Common Stock	141824.0956	Indirect
Common Stock	478668	Indirect

Footnotes

F1: Reflects an anti-dilution adjustment made in connection with the WarnerMedia/Discovery transaction pursuant to the terms of the plan.

F2: Restricted stock units acquired pursuant to the 2018 Incentive Plan. Each unit will convert into one share of issuer's common stock. Units vest and distribute on 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.

F3: Mandatory tax withholding on vested Restricted Stock Units.

F4: 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 1/15/2022, 1/15/2023, and 1/15/2024. Vesting (but not distribution) is accelerated on retirement eligibility.

F5: 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 1/15/2023, 1/15/2024, and 1/15/2025. Vesting (but not distribution) is accelerated on retirement eligibility.

F6: 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.

F7: Based on a 401(k) plan statement dated 10/31/2023.