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This form is used to report changes in beneficial ownership of securities by individuals who are subject to Section 16 of the Securities Exchange Act of 1934, including details of transactions involving
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FORM 4 is a filing document required by the U.S. Securities and Exchange Commission (SEC) for the reporting of securities transactions and ownership by insiders of public companies.
Insiders of a company, including executives, directors, and other key employees who own company stock or options are required to file FORM 4.
FORM 4 must be filled out by providing details about the insider's transactions, including the date of the transaction, the number of shares bought or sold, the price per share, and the ownership type.
The purpose of FORM 4 is to provide transparency and inform the public about the trading activities of insiders, thus helping to prevent insider trading.
FORM 4 must report information such as the insider's name, relationship to the company, transaction date, nature of the transaction (acquisition or disposition), number of shares involved, price per share, and the total amount of securities owned afterward.
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