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This document serves as a report of changes in beneficial ownership of securities by reporting persons, which is a requirement under the Securities Exchange Act.

How to fill out statement of changes in

How to fill out STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

1. Begin by entering your personal information at the top of the form, including your name and address.
2. Clearly indicate the date of the transaction in the appropriate section.
3. Specify the type of security involved in the transaction.
4. Provide the exact number of shares acquired or disposed of in the transaction.
5. Indicate the nature of the transaction, whether it was a purchase, sale, or other type.
6. If applicable, include information about the other party involved in the transaction.
7. Review the completed form for accuracy to ensure all information is correct.
8. Sign and date the form as required before submission.

Who needs STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP?

1. Individuals or entities that are required to report changes in their ownership of securities.
2. Corporate insiders, such as executives and directors of publicly traded companies.
3. Shareholders who meet ownership thresholds in accordance with regulatory requirements.
4. Investors complying with federal securities laws and regulations.

People Also Ask about

What is a transfer of beneficial ownership?

Transfer of ownership. The beneficial owner of property may transfer all or a proportion ownership by making a declaration of trust in favour of another person. Changes in ownership of land and property should be notified to the Land Registry and must be evidenced in writing.

What is a beneficial ownership statement?

Beneficial ownership information refers to identifying information about the individuals who directly or indirectly own or control a company. [Issued March 24, 2023]

Who fills out the beneficial ownership form?

Certain types of corporations, limited liability companies, and other similar entities created in or registered to do business in the United States must report information about their beneficial owners—the persons who ultimately own or control the company—to FinCEN as of Jan. 1, 2024.

What is beneficial ownership English law?

In the context of company beneficial ownership (and for legal entities similar to companies), a beneficial owner is typically defined as any person having a set level of ownership or of influence or control over the decision and actions of the company/legal entity.

What is a beneficial ownership in simple terms?

A beneficial owner is someone who owns at least part of a property or other asset, even if its legal title is owned by someone else. That person can also vote on or otherwise influence decisions regarding transactions involving that asset or property. An example is a corporate shareholder.

What is an example of beneficial ownership?

A beneficial owner is someone who owns at least part of a property or other asset, even if its legal title is owned by someone else. That person can also vote on or otherwise influence decisions regarding transactions involving that asset or property. An example is a corporate shareholder.

What is change in beneficial ownership?

SEC Form 4: Statement of Changes in Beneficial Ownership is a document that must be filed with the Securities and Exchange Commission (SEC) whenever there is a material change in the holdings of company insiders.

What is the form 3 initial statement of beneficial ownership?

Form 3 is a document that a company insider or major shareholder must file with the SEC. The information provided on the form is meant to disclose the holdings of directors, officers, and beneficial owners of registered companies and becomes public record.

What happens if I don't file a beneficial ownership information report?

What happens if I don't file by the deadline? Failure to file may become extremely costly, with civil penalties starting at $500 per day and criminal penalties of up to $10,000 and/or two years in prison.

What is a statement of beneficial ownership?

Beneficial ownership information refers to identifying information about the individuals who directly or indirectly own or control a company. [Issued March 24, 2023]

For pdfFiller’s FAQs

What is STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP?

The Statement of Changes in Beneficial Ownership is a document that reports changes in the ownership of a company's securities by its insiders, such as executives and directors. This includes transactions like buying or selling shares.

Who is required to file STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP?

Individuals required to file are typically insiders of publicly traded companies, including officers, directors, and significant shareholders who own more than 10% of a company's stock.

How to fill out STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP?

To fill out the statement, insiders must provide information about the transaction date, the type of security, the amount of securities bought or sold, and the price per share. It should be filed with the appropriate regulatory authority, such as the SEC in the United States.

What is the purpose of STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP?

The purpose is to provide transparency and prevent insider trading by informing the public and regulators about significant changes in the ownership of a company's stock.

What information must be reported on STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP?

The report must include the reporting person's name, relationship to the issuer, date of transaction, security title, transaction price, the amount of securities owned following the transaction, and the nature of ownership (direct or indirect).