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This document is a statement filed with the SEC to report changes in beneficial ownership of securities by insiders of the company.
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FORM 4 is a document that certain insiders of a company must file with the Securities and Exchange Commission (SEC) to disclose their transactions involving the company's securities.
FORM 4 must be filed by company insiders, including officers, directors, and any stockholders owning more than 10% of the company's stock.
To fill out FORM 4, insiders must provide detailed information about the transaction, including the date of the transaction, the number of shares bought or sold, the price per share, and their relationship to the company.
The purpose of FORM 4 is to provide transparency in the trading activities of insiders and to protect investors by keeping them informed about the buying and selling of company stock by influential individuals.
FORM 4 requires reporting information such as the insider's name, relationship to the issuer, transaction date, transaction type (buying or selling), the number of securities involved, and the price at which the transaction occurred.
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