Summary by Futu AI
On August 8, 2024, Michael B. McCallister, associated with AT&T Inc. [T], completed a transaction involving the company's common stock. The transaction was classified as a bona fide gift, with McCallister disposing of 18,712 shares at a price of $0.00, indicating no monetary exchange. Following this transaction, McCallister's direct holdings in AT&T dropped to zero shares. On the same date, an indirect acquisition of an identical number of shares, 18,712, was recorded, with the shares being held by a family trust. After the acquisition, the trust's beneficial ownership in AT&T common stock amounted to 31,510 shares.