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This document is a statement filed with the SEC to report changes in beneficial ownership of securities by insiders of the company.
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FORM 4 is a document that must be filed with the SEC by insiders of a company, including officers, directors, and beneficial owners of more than 10% of the company's equity securities, to report their transactions in the company's securities.
FORM 4 must be filed by company insiders such as officers, directors, and shareholders who own more than 10% of a company's stock to report their securities transactions.
To fill out FORM 4, insiders should provide information including their name, relationship to the company, the date of the transaction, transaction details, and the number of shares bought or sold. The form must be submitted electronically to the SEC.
The purpose of FORM 4 is to provide transparency and prevent insider trading by disclosing the transactions of company insiders to the public.
FORM 4 requires reporting of the insider's name, relationship to the company, details of the transaction (buy or sell), the date of the transaction, the number of securities involved, and the price at which the securities were transacted.
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