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This document is a filing made by reporting persons to disclose changes in their ownership of securities, in accordance with Section 16(a) of 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 insiders of publicly traded companies to report their trades in the company's securities.
Officers, directors, and beneficial owners of more than 10% of a company's registered equity securities are required to file Form 4.
To fill out Form 4, insiders must provide information such as their relationship to the company, details of the transaction including the date, type of transaction, securities involved, and the price at which the securities were traded.
The purpose of Form 4 is to provide transparency and keep investors informed about the trading activities of company insiders, helping to prevent insider trading.
Form 4 requires reporting of the insider's name, relationship to the company, the date of the transaction, amount of securities bought or sold, price per security, and ownership after the transaction.
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