AT&T INC. — Director's Dealing 2026

Jan 5, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2025-12-31

Reporting Person: Desroches Pascal (Sr. Exec VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-31	Common Stock	A	1803.208	$24.84	Acquired	139740.958	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6781.7544	Indirect
Common Stock	847424	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 10/31/2025.