AT&T INC. — Director's Dealing 2026

Feb 3, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AT&T INC. (T)
CIK: 0000732717
Period of Report: 2026-01-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2026-01-30	Common Stock	A	2105.433	$26.21	Acquired	172856.47	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8854.1399	Indirect
Common Stock	699273	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 12/31/2025.