Chief Operating Officer · AT&T INC. (T)

Jeffery McElfresh

A named executive officer of AT&T in every fiscal year CompBrief holds from FY2020 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$15,941,739

FY2024: $15,620,605

Compensation figures as of the proxy filed March 23, 2026 (DEF 14A). Insider transactions since that proxy, current to 2026-09-24.

Jeffery McElfresh compensation by year

AT&T Summary Compensation Table · all 6 fiscal years held
In US dollars, as AT&T reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2020FY2021FY2022FY2023FY2024FY2025
Salary$850,000$1,000,000$1,000,000$1,208,333$1,250,000$1,250,000
Bonus$200,000$0$0$0$0$0
Stock awards$5,800,003$8,500,003$9,999,983$9,000,000$10,999,999$11,000,018
Option awards$0$0$0$0$0$0
Non-equity incentive$1,387,500$2,420,000$1,900,000$3,162,500$2,942,500$3,080,000
Pension and deferred compensation$124,617$134,002$129,818$239,520$262,347$329,647
All other$210,000$275,524$282,845$219,303$165,759$282,074
Total$8,572,120$12,329,529$13,312,646$13,829,656$15,620,605$15,941,739

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: AT&T INC. DEF 14A filed March 23, 2026, accession 0001193125-26-119888, and prior-year filings. Open the filing on EDGAR.

$8.6M
$12.3M
$13.3M
$13.8M
$15.6M
$15.9M
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU785,798$19,519,222—
PSU562,032$13,960,875—
RSU87,912$2,183,734—
RSU69,469$1,725,610—

Per the Outstanding Equity Awards at Fiscal Year-End table in AT&T INC.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

6 Form 4 lines since the FY2025 proxy (filed March 23, 2026)
current to 2026-09-24 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-08-31Grant or award—482.81$25.89183,510.56
2026-07-31Grant or award—2,690.05$23.25183,027.75
2026-06-30Grant or award—603.86$20.70180,337.69
2026-05-29Grant or award—504.03$24.80179,733.83
2026-04-30Grant or award—2,236.35$26.13179,229.8
2026-03-31Grant or award—13,018.28$28.99176,993.45

The 6 most recent of 6 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

AT&T’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
John StankeyChairman of the Board and Chief Executive Officer$29,906,872
Jeffery McElfresh · this pageChief Operating Officer$15,941,739
Pascal DesrochesSenior Executive Vice President and Chief Financial Officer$13,680,151
David McAteeSenior Executive Vice President and General Counsel$12,368,023
Lori LeeGlobal Marketing Officer and Senior Executive Vice President-International$8,877,344

The full AT&T compensation record

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are AT&T's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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