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This form is used to report changes in the beneficial ownership of securities as required by the Securities Exchange Act of 1934, including acquisitions, dispositions, and holdings of securities by
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Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) to report the acquisition or disposition of securities by insiders of a company, such as officers and directors.
Persons defined as insiders of a publicly traded company, 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, an insider must provide details such as their name, title, relationship to the issuer, transaction dates, and the type and amount of securities involved. It should be filed electronically through the SEC’s EDGAR system.
The purpose of Form 4 is to provide transparency in securities trading activities of company insiders, thereby helping to protect investors and maintain fair market practices.
Form 4 must report information such as the insider's name, stock ownership details, transaction dates, transaction types (purchase or sale), the number of shares involved, and the price per share.
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