AT&T CFO Pascal Desroches Acquires Shares via Benefit Plan

Executive Summary

On November 3, 2026, AT&T Inc. ($T) Chief Financial Officer Pascal Desroches reported an acquisition of 3,878.607 shares of Common Stock on October 30, 2026, at an effective price of $21.41 per share, totaling approximately $83,040.98.

Transaction Details

• Security: Common Stock (Deferred Stock Units)
• Transaction Code: 'A' (Grant, award, or other acquisition)
• Shares Acquired: 3,878.607
• Price per Share: $21.41
• Total Consideration: $83,040.98
• Nature of Ownership: Indirect (held by Benefit Plan)
• Footnote Disclosure: The shares represent deferred stock units purchased through automatic payroll deductions and partial company matching contributions, which settle in stock on a 1-for-1 basis.

Holdings After Transaction

Following this transaction, Pascal Desroches holds:

• 141,713.979 shares indirectly through the Benefit Plan.
• 724,500 shares directly.
• 352,000 shares indirectly through a Limited Partnership (LP).
• 8,276.9649 shares indirectly through a 401(k) plan.

Market & Trading Significance

This transaction carries Low trading significance as it reflects a routine, automated compensation mechanism (payroll deduction and employer matching contribution) rather than an open-market discretionary purchase.