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This document is a report filed by individuals subject to Section 16 of the Securities Exchange Act of 1934, detailing changes in their beneficial ownership of securities. It includes issuer information,
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FORM 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders, including officers, directors, and beneficial owners of a company's equity securities, to report their transactions involving the company's stock.
Insiders, which include a company's officers, directors, and any person who owns 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 information such as their name, the relationship to the issuer, details of the transaction (including date, type, and amount), and the ownership details after the transaction.
The purpose of FORM 4 is to provide transparency to the market regarding the trading activities of company insiders, thus helping to prevent insider trading and allowing investors to make informed decisions.
FORM 4 must report the insider's name, relationship to the issuer, the date of the transaction, the nature of the transaction (purchase/sale), the amount of securities involved, and any changes in ownership.
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