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This document is filed to report changes in the beneficial ownership of securities as required under Section 16(a) of the Securities Exchange Act of 1934.
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What is FORM 4?
FORM 4 is a filing with the Securities and Exchange Commission (SEC) that must be submitted by corporate insiders, such as executives and directors, to disclose their ownership and transactions involving the company's securities.
Who is required to file FORM 4?
FORM 4 must be filed by corporate insiders, which include officers, directors, and beneficial owners of more than 10% of a class of the company's equity securities.
How to fill out FORM 4?
To fill out FORM 4, insiders must provide details such as their name and address, the relationship to the company, the date of the transaction, a description of the security involved, the number of shares bought or sold, and the price at which the transaction occurred.
What is the purpose of FORM 4?
The purpose of FORM 4 is to ensure transparency in the trading of securities by insiders, allowing investors to be informed about insider transactions which may affect stock prices.
What information must be reported on FORM 4?
FORM 4 must report information including the insider's name, the relationship to the company, the date of the transaction, the transaction type (buy/sell), the number of shares involved, the price per share, and the total value of the transaction.
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