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This document serves as an initial statement of beneficial ownership of securities, filed by reporting persons pursuant to the requirements of the Securities Exchange Act.
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What is Form 3?
Form 3 is a document used to report the ownership of securities by insiders of a publicly traded company, typically filed with the Securities and Exchange Commission (SEC) in the United States.
Who is required to file Form 3?
Individuals who are considered insiders of a company, such as directors, executive officers, and beneficial owners of more than 10% of a class of equity securities, are required to file Form 3.
How to fill out Form 3?
To fill out Form 3, insiders must provide their name, the name of the company, the date of the report, and details about their ownership of securities, including the number of shares and type of securities held.
What is the purpose of Form 3?
The purpose of Form 3 is to provide transparency regarding insider trading and to notify the SEC and the public about the ownership interests of company insiders.
What information must be reported on Form 3?
The information that must be reported on Form 3 includes the insider's name and address, the relationship to the company, the transaction date, the type of security, and the number of shares owned or controlled.
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