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This document is used to report changes in beneficial ownership of securities by insiders of the company as required by the Securities Exchange Act of 1934.
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FORM 4 is a document filed with the U.S. Securities and Exchange Commission (SEC) that discloses the acquisition or disposition of securities by insiders of a public company.
FORM 4 must be filed by company insiders, including officers, directors, and any beneficial owners of more than 10% of a company's stock.
To fill out FORM 4, insiders need to provide their personal information, details of the transaction, including the type of security involved, the date of transaction, and the quantity bought or sold.
The purpose of FORM 4 is to provide transparency in the securities trading activities of company insiders, helping to maintain market integrity and informed investment decisions.
FORM 4 must report the insider's name, relationship to the issuer, the date of the transaction, the type of security, the amount of securities involved, and the price at which the transaction occurred.
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