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FORM 5 OMB APPROVAL OMB Number: 32350362 Expires: January 31, 2005, Estimated average burden hours per response... 1.0 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Check this box if no longer
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Form 5 filed 08152003 is a document typically filed with the Securities and Exchange Commission (SEC) by certain insiders of publicly traded companies to report their transactions involving company stock.
Company insiders, such as directors, officers, and beneficial owners holding more than 10% of a company's stock, are required to file form 5 when certain transactions occur.
Form 5 requires filers to provide details about the transaction, including the date of the transaction, number of shares involved, and nature of the transaction (e.g., purchase, sale, gift).
The purpose of form 5 is to provide transparency and accountability regarding insider transactions in publicly traded companies, helping to prevent insider trading and ensure fair markets.
Filers must report information such as the name of the insider, the issuer of the stock, details of the transaction, and any changes in beneficial ownership resulting from the transaction.
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