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This document is a report filed with the SEC pursuant to Section 16(a) of the Securities Exchange Act of 1934, detailing changes in beneficial ownership of securities by a reporting person.
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Form 4 is a document that must be filed with the Securities and Exchange Commission (SEC) by corporate insiders when they buy or sell shares of their company's stock.
Corporate insiders, including officers, directors, and significant shareholders who own more than 10% of a company's equity securities, are required to file Form 4.
To fill out Form 4, insiders must provide details such as their name, the transaction date, the number of shares bought or sold, transaction type, and the price per share, along with their signature.
The purpose of Form 4 is to provide transparency and inform the public about the trading activities of corporate insiders, thereby helping to maintain fair and informed markets.
Information that must be reported on Form 4 includes the insider's name, relationship to the company, the date of the transaction, the number of shares traded, the price per share, and the ownership status before and after the transaction.
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