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This document is used to report changes in beneficial ownership of securities by corporate insiders, specifically focusing on acquisitions or disposals of non-derivative and derivative securities.
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FORM 4 is a filing with the SEC that is used by company insiders to report their ownership and transactions in their company's securities.
Corporate officers, directors, and any beneficial owners of more than 10% of a company's equity securities are required to file FORM 4.
To fill out FORM 4, insiders must provide their contact information, the details of the transaction, the type of security involved, the date of the transaction, and the amount of securities involved.
The purpose of FORM 4 is to provide transparency to investors by disclosing insider transactions and helping prevent insider trading.
FORM 4 must report the insider's name, relationship to the company, transaction date, number of securities bought or sold, price per security, and other relevant details.
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