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This form is used to report changes in the beneficial ownership of securities, in accordance with Section 16 of the Securities Exchange Act of 1934.
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Form 4 is a document used by certain individuals to report changes in ownership of securities and other financial instruments.
Insiders of a publicly traded company, such as officers, directors, and beneficial owners who own more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, individuals must provide specific details including their name, the name of the issuer, the date of the transaction, the nature of the transaction, and the amount of securities involved.
The purpose of Form 4 is to provide transparency in the trading activities of company insiders and to inform the public of changes in their ownership.
Form 4 must report the names of the insider, the company name, date of the transaction, the number and class of securities involved, the nature of the ownership, and the nature of the transaction (e.g., purchase, sale, etc.).
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