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This document is used to report changes in the beneficial ownership of securities by insiders, such as officers, directors, and significant shareholders of public companies, in accordance with federal
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Form 4 is a document filed with the Securities and Exchange Commission (SEC) by corporate insiders to report their transactions in the securities of their company.
Individuals who are considered insiders, such as officers, directors, and certain beneficial owners of a public company, are required to file Form 4.
To fill out Form 4, insiders must provide details about the transaction, including the date, amount of securities involved, price per share, and the nature of the ownership.
The purpose of Form 4 is to provide transparency and inform the public about the trading activities of corporate insiders, helping to prevent insider trading.
Required information includes the insider's name, relationship to the company, details of the securities transaction (date, amount, price), and an explanation if the transaction is a gift, sale, or acquisition.
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