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This document is used to report changes in beneficial ownership of securities as required by the SEC, including information on transactions involving securities by directors, officers, or shareholders
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FORM 4 is a document used by insiders of publicly traded companies to report their ownership of, or transactions in, the company's securities to the Securities and Exchange Commission (SEC).
FORM 4 must be filed by corporate insiders, which includes executives, directors, and anyone who owns more than 10% of the company's stock.
To fill out FORM 4, insiders must provide information about the reporting person's identity, the relationship to the issuer, the date of the transaction, the nature of the transaction, and the number of securities involved.
The purpose of FORM 4 is to provide transparency in the trading activities of company insiders and to inform investors of any changes in ownership or control of a company's securities.
FORM 4 requires reporting information such as the insider's name, title, relationship to the issuer, the date of the transaction, transaction type, and details about the securities bought or sold, including the amount and price.
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