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This document is used for reporting changes in beneficial ownership of securities by directors, officers, and beneficial owners of more than ten percent of a class of equity securities.
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FORM 4 is a document used by the U.S. Securities and Exchange Commission (SEC) that must be filed by insiders of a company to report their transactions in the company's securities.
Those required to file FORM 4 include company officers, directors, and any beneficial owners of more than 10% of a company's stock.
To fill out FORM 4, insiders must provide details about the individual making the report, the relationship to the company, the date of the transaction, the transaction price, and the number of shares bought or sold.
The purpose of FORM 4 is to provide transparency in the trading activity of company insiders and to inform the public of significant changes in ownership.
Information that must be reported on FORM 4 includes the insider's name, their relationship to the company, the date of the transaction, the type of transaction (purchase or sale), the number of shares involved, and the price per share.
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