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This document is a filing made pursuant to Section 16(a) of the Securities Exchange Act of 1934, which reports changes in the beneficial ownership of securities by insiders of a company.
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What is Form 4?
Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by corporate insiders to report their transactions in the company's securities.
Who is required to file Form 4?
Corporate insiders, including officers, directors, and greater than 10% shareholders of a public company, are required to file Form 4.
How to fill out Form 4?
To fill out Form 4, insiders need to provide information about their trades, including the date of the transaction, the number of securities bought or sold, the price per share, and the nature of the transaction.
What is the purpose of Form 4?
The purpose of Form 4 is to ensure transparency and provide the public with information about the buying and selling activities of corporate insiders, thus preventing insider trading.
What information must be reported on Form 4?
Form 4 must report the date of the transaction, the number of securities involved, the price at which the transaction occurred, the type of ownership (direct or indirect), and the nature of the transaction (purchase, sale, etc.).
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