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This document reports changes in beneficial ownership of securities pursuant to Section 16 of the Securities Exchange Act and related laws.
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FORM 4 is a document required by the Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their transactions in the company's securities.
Individuals classified as 'insiders,' which include officers, directors, and significant shareholders of a public company, are required to file FORM 4.
FORM 4 can be filled out by providing details of the securities transaction, including the date, type of transaction, number of shares involved, and the price per share. It must be submitted electronically via the SEC's EDGAR system.
The purpose of FORM 4 is to provide transparency regarding the purchase or sale of a company's securities by its insiders, ensuring that the market is informed of these transactions.
FORM 4 must report the insider's name, the relationship to the issuer, the date of the transaction, the amount of securities involved, the price per share, and the ownership following the transaction.
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