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This form is used to report changes in beneficial ownership of securities by insiders of the issuer as required by the Securities Exchange Act of 1934.
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FORM 4 is a filing required by the Securities and Exchange Commission (SEC) in the United States that reports changes in the ownership of a company's securities by an insider.
Corporate insiders, including officers, directors, and beneficial owners of more than 10% of the company's securities, are required to file FORM 4.
FORM 4 can be filled out electronically through the SEC's EDGAR system, providing details such as the insider's name, title, and nature of the ownership change.
The purpose of FORM 4 is to provide transparency regarding insider trading and ownership changes, allowing investors to make informed decisions.
FORM 4 requires reporting of the insider's name, relationship to the company, transaction date, transaction type, number of securities bought or sold, and the price at which the transaction occurred.
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