Director Michael B. McCallister filed a Form 4 with the SEC on November 3, 2026, disclosing the acquisition of 2,168.7845 deferred stock units in AT&T Inc. on October 30, 2026.

Key Highlights

  • Reporting person: Michael B. McCallister, identified as a Director of AT&T Inc. (NYSE:T).
  • Transaction: Acquisition (code A) of 2,168.7845 deferred stock units on October 30, 2026, at a price of $21.41 per unit.
  • Plan: Units were acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan, according to the filing.
  • Post-transaction holdings: McCallister beneficially owned 169,497.3446 deferred stock units following the transaction, held indirectly by benefit plan.
  • Common Stock (indirect): McCallister also reported 62,076 shares of common stock held indirectly by a family trust and 7,000 shares held indirectly by a trust, with no transactions reported for those holdings.
  • Cash settlement: According to the filing, each deferred stock unit "is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director" after the reporting person ceases to be a director.

McCallister's October 2026 Deferred Unit Acquisition at AT&T

According to the Form 4 filed on November 3, 2026, Michael B. McCallister, a director of AT&T Inc. (NYSE:T), acquired 2,168.7845 deferred stock units on October 30, 2026. The filing identifies the transaction code as A (acquired) and lists the price of the derivative security as $21.41. The units were acquired indirectly through a benefit plan arrangement.

The filing states that the units were acquired "pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan." The underlying security is AT&T common stock, with each unit corresponding to one share. Following this transaction, McCallister's total beneficial ownership of deferred stock units stood at 169,497.3446, held indirectly by benefit plan, as reported in Table II of the filing.

In addition to the deferred stock units, the filing reports two indirect common stock positions for McCallister with no associated transactions: 62,076 shares held by a family trust and 7,000 shares held by a trust. No direct common stock holdings were reported. The Form 4 was signed by Johnell C. Holland as attorney-in-fact on November 3, 2026.

What Was Disclosed

The filing disclosed McCallister's acquisition of 2,168.7845 deferred stock units in AT&T Inc. on October 30, 2026, under the Non-Employee Director Stock and Deferral Plan, bringing his total deferred unit holdings to 169,497.3446, held indirectly by benefit plan.