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This document is filed to report changes in the beneficial ownership of securities by insiders of the issuer, in accordance with Section 16(a) of the Securities Exchange Act of 1934.
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What is Form 4?
Form 4 is a document used by the Securities and Exchange Commission (SEC) to report changes in ownership of securities by insiders of a company.
Who is required to file Form 4?
Insiders of a company, including executive officers, directors, and beneficial owners of more than 10% of a class of equity securities, are required to file Form 4.
How to fill out Form 4?
To fill out Form 4, insiders must provide details such as their name, the relationship to the company, transaction date, nature of the ownership, and the number of securities owned before and after the transaction.
What is the purpose of Form 4?
The purpose of Form 4 is to provide transparency and inform the public about the trading activities of insiders, thereby promoting fair market practices.
What information must be reported on Form 4?
Form 4 must include information such as the insider's name, the date of the transaction, the amount of securities bought or sold, the price of the transaction, and the nature of the ownership (direct or indirect).
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