Gillespie Edward W

Gillespie Edward W, Senior EVP of External & Legal Affairs, has demonstrated a clear selling bias in his transactions involving AT&T (T) over the past two years, with $9.07 million in total sales compared to just $10,257 in purchases. His most recent activity includes a $153,072 sale on February 13, 2026, following larger disposals earlier that year—$1.75 million on January 29 and $117,224 on January 15. The pattern is consistent with prior years, including a $1.64 million sale on January 30, 2025, and a $645,274 transaction on December 15, 2025. The only recorded buy was a modest $10,257 acquisition on January 31, 2024, which stands in stark contrast to the subsequent multi-million-dollar divestments. The transactions appear structured, with notable sales clustered around late January and mid-February across multiple years, suggesting potential routine dispositions tied to compensation or prearranged trading plans. The absence of recent purchases and the scale of sales—particularly the seven-figure transactions—highlight a sustained reduction in Gillespie’s holdings. While the filings do not specify whether the sales were option-related or open-market trades, the consistency in timing and magnitude points to a deliberate unwinding of positions rather than discretionary market activity. All transactions remain confined to AT&T, with no diversification into other securities.