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This document is used to report changes in the beneficial ownership of securities by insiders of a company, filed with the SEC pursuant to Section 16(a) of the Securities Exchange Act of 1934.
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Form 4 is a document used by insiders of publicly traded companies to report their transactions in the company's securities to the U.S. Securities and Exchange Commission (SEC).
Individuals who are classified as insiders, including officers, directors, and beneficial owners of more than 10% of a company's stock, are required to file Form 4.
To fill out Form 4, insiders must provide information such as their relationship to the company, details of the transaction including the number of shares bought or sold, the price, and the date of the transaction.
The purpose of Form 4 is to enhance transparency in the trading activities of company insiders and to provide investors with essential information regarding insider transactions.
Information that must be reported on Form 4 includes the insider's name, transaction date, the amount of securities involved, the price per security, and the nature of the transaction (purchase or sale).
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