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This document is used to report changes in beneficial ownership of securities under Section 16 of the Securities Exchange Act of 1934, including details on acquisitions, dispositions, and ownership
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FORM 4 is a filing required by the Securities and Exchange Commission (SEC) for corporate insiders to report their transactions in the company's securities.
Insiders of a company, including officers, directors, and owners of more than 10% of the company's stock, are required to file FORM 4.
FORM 4 can be filled out online through the SEC's EDGAR system or by using paper forms. The form requires information about the insider, the transaction details, and the security involved.
The purpose of FORM 4 is to provide transparency in the trading activities of company insiders, ensuring that investors have access to relevant information that may affect their investment decisions.
FORM 4 requires reporting the insider's name, relationship to the company, the date of the transaction, the nature of the transaction (buy/sell), the amount of securities involved, and the price at which the transaction occurred.
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