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This document is used to report changes in the beneficial ownership of securities, as required under the Securities Exchange Act.
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What is Form 4?
Form 4 is a document used by insiders of publicly traded companies to report their own transactions in the company's stock or other securities.
Who is required to file Form 4?
Insiders, which include officers, directors, and beneficial owners of more than 10% of a class of the company's shares, are required to file Form 4.
How to fill out Form 4?
Form 4 must be filled out with specific information about the insider's transactions, including the date of the transaction, the type of security involved, the transaction's nature (purchase or sale), and the price at which the transaction occurred.
What is the purpose of Form 4?
The purpose of Form 4 is to provide transparency and inform the public about insider trading activities, helping to prevent fraudulent activities and maintain market integrity.
What information must be reported on Form 4?
Information reported on Form 4 includes the insider's name, the name of the issuer, the relationship to the issuer, the date of the transaction, the transaction type, the number of securities involved, and the price at which the securities were sold or purchased.
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