AT&T INC. — Director's Dealing 2024

Jan 29, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2024-01-25

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
2024-01-25	Common Stock	A	192118.08	—	Acquired	333942.1756	Indirect
2024-01-25	Common Stock	F	75598.4644	$17.18	Disposed	258343.7112	Indirect
2024-01-25	Common Stock	D	76903.6156	$17.18	Disposed	181440.0956	Indirect
2024-01-25	Common Stock	D	39616	—	Disposed	141824.0956	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-01-25	Restricted Stock Units (2024)	$	A	101863	Acquired		Common Stock (101863)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7338.0904	Indirect
Common Stock	189508	Direct
Common Stock	478668	Indirect

Footnotes

F1: Total performance shares distributed.

F2: Each performance share is equivalent in value to a share of common stock.

F3: Mandatory tax withholding on distribution of performance shares.

F4: Represents portion of the performance shares distributed in cash, after taxes.

F5: Reflects transfer of 39,616 shares owned indirectly by benefit plan to direct ownership due to distribution of performance shares.

F6: Based on a 401(k) plan statement dated 12/29/2023.

F7: 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 1/15/2025,1/15/2026, and 1/15/2027. Vesting (but not distribution) is accelerated on retirement eligibility.