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This document is a filing with the SEC to report changes in beneficial ownership of securities by insiders of the company.
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FORM 4 is a form used by corporate insiders to report their trades in the company's securities to the Securities and Exchange Commission (SEC).
Corporate insiders, 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, insiders must provide details about the transaction, including the date of the transaction, the amount of securities involved, the price per security, and ownership changes. The form must be filed electronically with the SEC.
The purpose of FORM 4 is to promote transparency in the securities markets by disclosing insider trading activities to the public and to prevent insider trading abuses.
FORM 4 requires reporting of the date of the transaction, the amount and type of securities involved, the price, ownership after the transaction, and the nature of the ownership (direct or indirect).
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