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This document reports changes in the beneficial ownership of securities by a reporting person, required under Section 16(a) of the Securities Exchange Act of 1934.
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FORM 4 is a document required by the Securities and Exchange Commission (SEC) for reporting changes in the ownership of securities by insiders of a company, such as executive officers and directors.
Insiders of a public company, including executive officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities, are required to file FORM 4.
To fill out FORM 4, insiders must provide details about their transactions involving the company’s securities, including the date of the transaction, the number of shares involved, the price per share, and their relationship to the company.
The purpose of FORM 4 is to ensure transparency and provide investors with information regarding insider trading activities, enabling them to make informed decisions.
FORM 4 must report the transaction date, the amount of securities involved, the price at which securities were bought or sold, the ownership form (direct or indirect), and the nature of the transaction (such as purchase or sale).
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