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This document reports changes in beneficial ownership of securities by reporting persons as required by the SEC.
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Form 4 is a document that must be filed with the U.S. Securities and Exchange Commission (SEC) when an insider of a publicly traded company buys or sells shares of the company's stock.
Insiders of a publicly traded company, including executive officers, directors, and certain shareholders owning more than 10% of a class of the company's securities, are required to file Form 4.
Form 4 can be filled out online using the SEC's EDGAR system or by completing a paper form. The form requests information about the insider's transaction, including details about the securities involved, the transaction date, and the price.
The purpose of Form 4 is to provide transparency regarding insider trading activities, thereby helping to prevent and detect potential securities fraud.
Form 4 requires reporting information such as the insider's name, the relationship to the company, transaction date, number of shares bought or sold, price per share, and the nature of the transaction.
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