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This document is a statement filed by certain insiders of a company disclosing changes in their beneficial ownership of the company's securities as required by the SEC.
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FORM 4 is a document required by the U.S. Securities and Exchange Commission (SEC) that must be filed by insiders of a publicly traded company to report their buying or selling of the company's stock.
Insiders of a publicly traded company, including officers, directors, and shareholders who own more than 10% of a company's stock, are required to file FORM 4.
To fill out FORM 4, insiders must provide details such as their name, relationship to the company, the number of shares bought or sold, the price of the shares, and the date of the transaction. The form must be submitted electronically through the SEC's EDGAR system.
The purpose of FORM 4 is to provide transparency in the stock trading activities of company insiders and to keep investors informed about significant transactions that may affect the company's stock price.
FORM 4 requires insiders to report their name, relationship to the company, transaction date, number of shares bought or sold, the price per share, and any other relevant details regarding the transaction.
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