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This document is a Statement of Changes in Beneficial Ownership filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. It provides details on the transactions related to the securities
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FORM 4 is a document that insiders of publicly-traded companies must file with the U.S. Securities and Exchange Commission (SEC) to report changes in their ownership of the company’s securities.
Individuals who are considered insiders, which include officers, directors, and significant shareholders of a publicly-traded company, are required to file FORM 4.
FORM 4 must be filled out by providing details such as the insider's information, the transaction date, the amount of securities bought or sold, and the nature of the transaction. This form can be completed electronically through the SEC's EDGAR system.
The purpose of FORM 4 is to ensure transparency in trading by insiders and to provide the public with information regarding their transactions, so that investors have access to material information about the company.
FORM 4 must report the insider's name, address, the relationship to the company, the transaction date, the amount of securities involved, the price at which the transaction occurred, and any changes in ownership.
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