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This document is a report required by the SEC to disclose changes in the ownership of securities by insiders of the company.
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FORM 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report changes in the ownership of a company's securities by insiders.
Corporate insiders, including executive officers, directors, and shareholders who own more than 10% of a company's stock, are required to file FORM 4.
To fill out FORM 4, insiders must provide details such as their name, the name of the company, transaction date, the type of securities involved, the number of shares bought or sold, and the price per share.
The purpose of FORM 4 is to provide transparency regarding the trading activities of corporate insiders to prevent insider trading and ensure compliance with federal securities laws.
FORM 4 must report the insider's name, relationship to the company, date of transaction, number of shares bought or sold, price of the transaction, and the nature of the ownership.
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