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This document serves as a statement of changes in beneficial ownership of securities, filed by reporting persons regarding their ownership changes.
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FORM 4 is a document that corporate insiders must file with the Securities and Exchange Commission (SEC) to report their trades in company securities.
Corporate officers, directors, and owners of more than 10% of a company's stock are required to file FORM 4.
FORM 4 must be filled out with details including the name of the insider, the date of the transaction, the amount of securities bought or sold, and the price at which the transaction occurred.
The purpose of FORM 4 is to provide transparency in the trading activities of corporate insiders, allowing investors to be aware of any significant trades by those with insider knowledge.
FORM 4 requires reporting of the date of the transaction, name of the insider, transaction type (buy/sell), number of shares involved, and the price per share.
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