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This document is used to report changes in the beneficial ownership of securities as required under Section 16(a) of the Securities Exchange Act of 1934.
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FORM 4 is a document that insiders of publicly traded companies must file with the Securities and Exchange Commission (SEC) to report their transactions in the company's securities.
Individuals who are considered insiders, such as executives, directors, and large shareholders, are required to file FORM 4.
To fill out FORM 4, insiders must provide details about the transaction, including the date of the transaction, the type of security, the amount of securities involved, and the price at which the transaction occurred.
The purpose of FORM 4 is to ensure transparency and allow the public to see how company insiders are buying or selling their company’s stocks.
The information that must be reported on FORM 4 includes the insider's name, transaction date, number of shares bought or sold, security type, nature of ownership, and the transaction price.
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