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This document is used to report changes in beneficial ownership of securities by insiders of the company, including transactions such as acquisitions or dispositions of the company's stock.
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FORM 4 is a filing that must be completed by insiders of publicly traded companies to report their transactions in the company's securities.
Insiders of a company, which include officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities, are required to file FORM 4.
To fill out FORM 4, insiders must provide details about the transaction, including the date of the transaction, the amount of securities involved, the price per share, and any other pertinent information.
The purpose of FORM 4 is to provide transparency and disclose the insider's transactions to ensure that the public is aware of significant trading activities by company insiders.
FORM 4 must report information such as the identity of the insider, the relationship to the company, the date and nature of the transaction, the number of securities involved, and the price of the transaction.
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