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This document is used to report changes in beneficial ownership of securities as required by the United States Securities and Exchange Commission.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report transactions in a company's securities by its officers, directors, and large shareholders.
Form 4 must be filed by company insiders, which include officers, directors, and shareholders who own more than 10% of the company's equity securities.
To fill out Form 4, insiders must provide information about their ownership of securities, the type of transaction conducted (such as purchase or sale), the date of the transaction, the amount of securities involved, and their ownership before and after the transaction.
The purpose of Form 4 is to provide transparency and disclose insider trading activities to the public, ensuring that investors have access to material information that could impact their investment decisions.
The information that must be reported on Form 4 includes the insider's name, relationship to the company, the transaction date, the number of securities bought or sold, the fair market value of the transaction, and the type of securities involved.
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