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AT&T INC. Director's Dealing 2025

May 2, 2025

29786_dirs_2025-05-02_6ac020a1-5140-4bff-a5e6-bee2a451e1f3.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: 2025-04-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-04-30	Common Stock	A	2071.59	$27.70	Acquired	162010.488	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8454.7118	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 3/31/2025.