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This document is a filing with the SEC that reports changes in the beneficial ownership of securities by a reporting person, specifically detailing transactions involving Cascade Bancorp's common
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FORM 4 is a document required by the Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their transactions in the company's securities.
Individuals classified as insiders, including officers, directors, and beneficial owners of 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, relationship to the company, the date of the transaction, the amount of securities bought or sold, the price, and any other relevant information, and file it with the SEC.
The purpose of FORM 4 is to provide transparency regarding the insider trading of a company's securities, ensuring that investors have access to timely information regarding the trading activities of insiders.
On FORM 4, insiders must report their name, relationship to the company, transaction date, nature of the transaction (buy/sell), number of securities involved, price per share, and any changes in ownership.
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