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This form is filed to report changes in beneficial ownership of securities as required under Section 16(a) of the Securities Exchange Act of 1934.
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What is Form 4?
Form 4 is a document required by the U.S. Securities and Exchange Commission (SEC) that must be filed by corporate insiders, including officers, directors, and beneficial owners of more than 10% of a company's stock, to disclose their ownership and trading activities in the company's securities.
Who is required to file Form 4?
Corporate insiders, such as company officers, directors, and individuals who own 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, the filer must provide information including their name, the name of the issuer of the securities, the relationship to the issuer, transaction details (such as the date, the type of transaction, and the number of shares involved), and the price at which the transactions occurred. They must also confirm the accuracy of the information provided and sign the form.
What is the purpose of Form 4?
The purpose of Form 4 is to provide transparency and accountability in the securities market by disclosing the trading activities of corporate insiders, helping to prevent insider trading and allowing the public to stay informed about changes in ownership in publicly traded companies.
What information must be reported on Form 4?
Form 4 must report the name of the insider, their relationship to the company, the date of the transaction, the number of shares bought or sold, the price at which the transaction occurred, and any changes in ownership resulting from the transaction.
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