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This form is used to report changes in the beneficial ownership of securities by certain individuals, including officers, directors, and significant shareholders.
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FORM 4 is a document required by the SEC for insiders of publicly traded companies to report their transactions in company stock.
Insiders of publicly traded companies, including officers, directors, and shareholders owning more than 10% of a company's stock, are required to file FORM 4.
To fill out FORM 4, insiders must provide details about their ownership and transactions, including the number of shares bought or sold, transaction date, and the type of transaction.
The purpose of FORM 4 is to provide transparency and inform the public about insider trading activities to prevent potential conflicts of interest and promote fair market practices.
FORM 4 must report the name of the insider, relationship to the issuer, date of transaction, number of shares bought or sold, price per share, and the type of transaction (e.g., purchase, sale, gift).
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