AT&T Inc. Files Initial Statement of Beneficial Ownership for Director Fazal F. Merchant

Executive Summary

On September 16, 2026, AT&T Inc. ($T) filed an initial Form 3 with the SEC on behalf of newly appointed Director Fazal F. Merchant. The filing establishes an effective date of September 8, 2026, and indicates that the reporting owner beneficially owns no securities of the company at the time of appointment.

Key Filing Details

• Reporting Owner: Fazal F. Merchant
• Role: Director
• Date of Event Requiring Statement: September 8, 2026
• Beneficial Holdings: 0 common shares / derivative securities
• Attached Exhibits: Form includes Exhibit 24 (Limited Power of Attorney for Section 16 filings)

Market Impact & Significance

This filing represents a routine administrative disclosure required under Section 16(a) of the Securities Exchange Act of 1934 following an insider's appointment to the Board of Directors. Because no open-market or direct equity transactions took place and zero initial shares were reported, this filing carries Low trading significance.