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This document is filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, detailing changes in the beneficial ownership of securities by a reporting person.
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Form 4 is a document used by insiders of a publicly traded company to report their ownership of, and transactions in, the company's securities.
Individuals who are classified as insiders, such as corporate officers, directors, and beneficial owners of more than 10% of a company's shares, are required to file Form 4.
To fill out Form 4, insiders need to provide details about their transactions, including the date of the transaction, the type of security, the number of shares, the price per share, and their ownership status before and after the transaction.
The purpose of Form 4 is to provide transparency and inform the public of any changes in insider ownership or transactions in a company's securities.
Form 4 requires reporting of the insider's name, relationship to the company, transaction date, transaction type, number of securities involved, price per security, and the total amount of securities owned after the transaction.
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