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This document is used to report changes in beneficial ownership of securities by insiders, including officers and directors, as required by the Securities Exchange Act of 1934.
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FORM 4 is a document that must be filed with the Securities and Exchange Commission (SEC) to report changes in beneficial ownership of a company's stock by insiders, such as executives and directors.
FORM 4 must be filed by company insiders, which include officers, directors, and any person owning more than 10% of a company's equity securities.
To fill out FORM 4, you need to provide details such as the insider's name, the relationship to the company, the transactions that occurred, the number of shares involved, and the date of the transaction.
The purpose of FORM 4 is to provide transparency and to inform the public and investors about trades made by company insiders, ensuring that they comply with laws regarding insider trading.
FORM 4 must report information such as the insider's name, the company name, the date of the transaction, the transaction type (purchase, sale, etc.), the number of securities involved, and any additional relevant remarks.
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