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This document reports changes in the beneficial ownership of securities by a reporting person, detailing transactions involving non-derivative and derivative securities as required by the SEC.
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Form 4 is a document used by insiders of publicly traded companies to report their transactions in the company's securities, including purchases and sales of stock.
Individuals classified as insiders, including executive officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, individuals must provide details about the insider's identity, the type of securities involved, the transaction nature, date of the transaction, and the price paid or received. It is submitted electronically to the SEC.
The purpose of Form 4 is to promote transparency by requiring insiders to disclose their trading activities in the company's stock, helping investors assess potential conflicts of interest.
Form 4 must report the insider's name, relationship to the company, transaction dates, number of shares involved, price per share, and the type of transaction, such as a purchase or sale.
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