STANKEY JOHN T

John T. Stankey, CEO and President of AT&T (T), has filed 55 Form 4 transactions with the SEC, all involving a single company. The aggregate data shows a pronounced selling disposition: total open-market sales reached $24.4 million, while there were zero open-market purchases. The only acquisition activity consisted of $165,382 in equity grants and awards, which are compensation events rather than discretionary buys. This pattern indicates that Stankey has not added shares to his position through the open market during the reporting period, instead monetizing holdings through planned sales. The most recent transactions, clustered in late January and February 2026, illustrate the mix of automatic and discretionary activity. On January 29, 2026, Stankey executed two sales back to the issuer (code D), each valued at $7.72 million, alongside two tax-withholding events (code F) totaling $15.17 million. These were paired with zero-value equity awards (code A), suggesting a vesting event that triggered both the sale and the tax obligation. Earlier in the month, on January 15, he had two option exercises (code M) with no reported value, accompanied by tax-withholding sales of $673,097 and $428,498. The February 13, 2026 filing showed a similar structure: an option exercise paired with a $694,022 tax-withholding sale. Beyond these mechanical transactions, Stankey has made several gifts (code G) of AT&T shares, including transfers on February 18, 2026, January 20, 2026, October 24, 2025, and July 29, 2025, all reported at zero value. The recurring monthly equity awards (code A) of roughly $21,000 each, seen on dates like April 30, 2026, and January 30, 2026, reflect routine compensation. The overall trajectory is clear: Stankey has been a consistent seller of AT&T stock, with the $24.4 million in sales dwarfing any acquisition activity, and his recent filings show no open-market buying to counterbalance that trend.