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This form is used to report changes in beneficial ownership of securities by insiders of publicly traded companies, as mandated by the Securities Exchange Act of 1934.
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Form 4/A is an amendment to Form 4, which is used to report changes in ownership of securities, typically filed by insiders or significant shareholders.
Corporate executives, directors, and any other insiders who own or will own shares in a publicly traded company are required to file Form 4/A when there are changes in their ownership.
To fill out Form 4/A, one must provide details of the issuer, the insider's relationship to the issuer, the transaction date, the nature of the ownership change, and the number of shares involved, along with any additional explanatory notes.
The purpose of Form 4/A is to provide transparency and disclose changes in the ownership of securities by insiders, ensuring that investors have access to critical information.
The information that must be reported includes the insider's name, relationship to the issuer, the date of the transaction, the number of shares acquired or disposed of, the price per share, and any other relevant transaction details.
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