Summary by Futu AI
On May 29, 2024, Timothy M Deane, GVP of Applied Global Services at Applied Materials Inc (AMAT), completed a transaction gifting 1,707 shares of common stock. The shares were disposed of at no cost, indicating the transaction was a bona fide gift. Following the transaction, Deane's direct holdings in the company amounted to 116,631 shares of common stock. The transaction reflects a change in Deane's investment in the company but does not impact the market as the shares were not sold.