AT&T COO Jeffery S. McElfresh Acquires Deferred Stock Units via Benefit Plan

Executive Summary

On September 2, 2026, AT&T Inc. ($T) Chief Operating Officer Jeffery S. McElfresh reported the acquisition of 482.812 shares of Common Stock (deferred stock units) on August 31, 2026, at a price of $25.89 per share. The transaction total was approximately $12,500.00.

Key Transaction Details

• Insider: Jeffery S. McElfresh, Chief Operating Officer
• Transaction Date: August 31, 2026
• Security: Common Stock (Deferred Stock Units)
• Shares Acquired: 482.812
• Price: $25.89
• Transaction Code: 'A' (Grant, award, or other acquisition)
• Nature of Ownership: Indirect (By Benefit Plan)

Context and Significance

This transaction represents an automatic acquisition of deferred stock units purchased via automatic payroll deductions along with partial company matching contributions. Following the transaction, Mr. McElfresh indirectly holds 183,510.559 shares through the benefit plan, 9,816.071 shares via a 401(k) plan, and 724,034 shares directly. Because this was an automated benefit plan contribution, the trading significance is rated as Low and does not signal discretionary open-market sentiment.