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This form is filed to report changes in the ownership of securities as required by the Securities Exchange Act of 1934.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by corporate insiders to report their trades in company securities.
Corporate insiders, including officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, insiders must provide details such as their name, position, the date of the transaction, the amount of securities bought or sold, and the price at which the transaction occurred, following the SEC's guidelines.
The purpose of Form 4 is to promote transparency in the trading of public company securities and to ensure that investors are aware of insider trading activities.
Form 4 must report information such as the insider's name, position, date of transactions, nature of the transaction (buy or sell), number of securities involved, and price per security.
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