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This document is used to report changes in the beneficial ownership of securities by directors, officers, and beneficial owners of more than 10% of a class of equity securities.
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What is FORM 4?
FORM 4 is a document filed with the Securities and Exchange Commission (SEC) by corporate insiders to report their trades in the company’s stock.
Who is required to file FORM 4?
Officers, directors, and beneficial owners of more than 10% of a company's stock are required to file FORM 4 whenever they buy or sell shares.
How to fill out FORM 4?
To fill out FORM 4, insiders must provide information about their ownership and trades, including the date of the transaction, the number of shares bought or sold, the price at which the transaction occurred, and the nature of the ownership.
What is the purpose of FORM 4?
The purpose of FORM 4 is to provide transparency in the trading activities of corporate insiders, thereby helping to maintain fair and efficient securities markets.
What information must be reported on FORM 4?
FORM 4 requires reporting of the insider's name and title, the relationship to the company, the date of transaction, the type of transaction (buy or sell), the number of shares involved, the price of the shares, and any change in ownership.
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