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This form is used to report changes in beneficial ownership of securities as required by Section 16 of the Securities Exchange Act of 1934.
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What is Form 4?
Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by insiders of publicly traded companies to report their ownership and transactions related to the company's securities.
Who is required to file Form 4?
Officers, directors, and beneficial owners of more than 10% of a class of a company's equity securities are required to file Form 4.
How to fill out Form 4?
To fill out Form 4, insiders must provide information regarding their relationship to the company, specifics of the security transactions, the date of the transactions, the amount involved, and any other required disclosures as per SEC guidelines.
What is the purpose of Form 4?
The purpose of Form 4 is to provide transparency to the market regarding the buying and selling of securities by insiders, helping to prevent insider trading and ensuring compliance with securities laws.
What information must be reported on Form 4?
Form 4 must report details including the insider's relationship to the company, transaction dates, types of securities involved, number of shares, price per share, and the nature of the transaction (buy, sell, etc.).
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