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AT&T INC. Director's Dealing 2025

Jul 2, 2025

29786_dirs_2025-07-02_f6572464-cae7-41f8-9347-4b2eacaebd33.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2025-06-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-06-30	Common Stock	A	604.7	$28.94	Acquired	163288.004	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8663.4723	Indirect
Common Stock	557461	Direct

Footnotes

F1: Represents deferred stock units purchased by the reporting person with automatic payroll deductions and partial company matching contributions. Deferred stock units are settled only in stock on a 1-for-1 basis.

F2: Based on a 401(k) plan statement dated 5/31/2025.