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This document is a filing required by the Securities Exchange Act of 1934 which reports changes in beneficial ownership of securities by reporting persons.
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What is Form 4?
Form 4 is a document used by insiders of publicly traded companies to report their transactions in the company's securities to the Securities and Exchange Commission (SEC).
Who is required to file Form 4?
Officers, directors, and beneficial owners of more than 10% of a company's equity securities are required to file Form 4.
How to fill out Form 4?
To fill out Form 4, insiders must provide details about the transaction date, security type, transaction code, number of shares bought or sold, and the price per share, along with their identification information, and sign the form.
What is the purpose of Form 4?
The purpose of Form 4 is to provide transparency by informing the public about insider trading activities, which helps in ensuring compliance and preventing insider trading abuses.
What information must be reported on Form 4?
Form 4 requires reporting of the date of the transaction, the name of the security, the transaction type (buy, sell, etc.), the number of shares involved, the price per share, and details about the insider filing the report.
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