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This document reports the changes in beneficial ownership of securities by certain individuals or entities, as required by Section 16(a) of the Securities Exchange Act of 1934.
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FORM 4 is a filing required by the Securities and Exchange Commission (SEC) for insiders of a publicly traded company to report their ownership and changes in ownership of the company's stock.
Insiders, including officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities, are required to file FORM 4.
To fill out FORM 4, insiders must provide information such as their name, relationship to the company, the date of the transaction, the type of security involved, the transaction price, and the number of shares involved. They must also indicate whether the transaction was a purchase or sale.
The purpose of FORM 4 is to provide transparency in the trading activities of company insiders and to inform investors about changes in ownership that may affect the stock's market value.
FORM 4 must report the insider's name, relationship to the company, transaction date, transaction type (purchase or sale), amount of securities bought or sold, price per share, and the total amount of shares owned after the transaction.
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