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This document is a report of changes in beneficial ownership of securities filed by individuals or entities who are subject to certain reporting obligations under the Securities Exchange Act of 1934.
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Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) to report changes in the ownership of securities by insiders of a public company.
Form 4 must be filed by corporate officers, directors, and any shareholders who own more than 10% of a registered class of a company's equity securities.
To fill out Form 4, the filer must provide details about the transaction, including the date of the transaction, the amount of securities involved, the price, and the nature of the transaction (e.g., purchase, sale).
The purpose of Form 4 is to provide the SEC and the public with timely information regarding the buying and selling of a company's securities by its insiders, enhancing transparency in the financial markets.
Form 4 requires reporting information such as the name of the insider, the transaction date, the type of securities involved, the number of shares bought or sold, the price per share, and the ownership status after the transaction.
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