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This document is used for amending the articles of a corporation under the Canada Business Corporations Act.
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What is FORM 4?
FORM 4 is a filing required by the SEC for reporting insider trades in the securities of a public company, detailing when a corporate insider buys or sells shares.
Who is required to file FORM 4?
Corporate officers, directors, and any beneficial owners of more than 10% of a company’s equity securities are required to file FORM 4.
How to fill out FORM 4?
To fill out FORM 4, one needs to provide details such as the name of the filer, the relationship to the company, the date of the transaction, the type of security, transaction prices, and the number of shares involved.
What is the purpose of FORM 4?
The purpose of FORM 4 is to provide transparency in the market regarding insider trading activities, helping to protect investors by disclosing transactions made by insiders.
What information must be reported on FORM 4?
The information that must be reported includes the insider's name, their relationship to the company, transaction date, transaction type (buy/sell), amount of shares, price per share, and any conversions or derivatives involved.
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