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DECLARATION UNDER SECTION 7(2) OF THE MOTORVEHICLE ACT. 1988. Sri/ Kumar .......................................................................................................................................
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Form 4 is a filing required by the Securities and Exchange Commission (SEC) in the United States for reporting changes in ownership of securities by corporate insiders.
Corporate insiders, such as executives, directors, and any other individuals who own more than 10% of a company's securities, are required to file Form 4.
To fill out Form 4, include details such as your name, title, relationship to the company, the transaction date, the number of shares bought or sold, and the price per share. Submit the completed form to the SEC electronically.
The purpose of Form 4 is to provide transparency in the securities market by allowing investors to see when insiders buy or sell shares, thus aiding in informed investment decisions.
Form 4 requires reporting information such as the insider's name, the number of securities bought or sold, the date of the transaction, the price per security, and the nature of the ownership (direct or indirect).
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