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Section SixteenFamily PlanningFAMILY PLANNING SERVICES Fidel is Care will offer natural family planning services and certain other reproductive health care services. However, Fidel is Care has elected
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Section sixteen refers to a section of the Securities Exchange Act of 1934 that requires insiders of a publicly traded company to report their transactions in company stock.
Officers, directors, and beneficial owners of more than 10% of a company's stock are required to file section sixteen reports.
Section sixteen reports are typically filed electronically through the SEC's EDGAR system using forms 3, 4, and 5.
The purpose of section sixteen is to increase transparency and provide investors with information about the trading activities of insiders.
Section sixteen reports must include details of any transactions involving company stock, including purchases, sales, and stock option exercises.
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