McAtee David R II, Senior Executive VP and General Counsel, has executed 59 insider transactions across two companies—Archer-Daniels-Midland (ADM) and AT&T (T)—with a pronounced selling bias. Over time, his total sales amount to $23.99 million, dwarfing his $526,076 in purchases. The bulk of his recent activity has involved AT&T, including a $3.27 million sale on January 29, 2026, followed by another $3.22 million transaction the same day. Earlier that month, on January 15, he sold $235,156 and $145,863 worth of T shares. His only recent purchase was a $486,720 acquisition of ADM stock on February 5, 2026, though this was an outlier in an otherwise steady pattern of divestment.
McAtee’s transactions in AT&T have been frequent and substantial, with multiple seven-figure sales in early 2026, while his ADM activity has been limited to smaller, non-monetary adjustments and the single February purchase. The lack of recent buys beyond that ADM trade suggests a continued shift away from equity holdings, particularly in T. Notably, his filings include several transactions with no reported value, likely involving grants or awards rather than open-market trades. The data reflects a clear trend: McAtee has been reducing his stake in AT&T systematically, with only sporadic acquisitions in ADM interrupting an otherwise consistent selling pattern.
AI-assisted summary