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This document is a filing that reports changes in beneficial ownership of securities, pursuant to Section 16(a) of the Securities Exchange Act of 1934, related to the reporting person's transactions
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What is Form 4?
Form 4 is a filing required by the U.S. Securities and Exchange Commission (SEC) that must be completed by corporate insiders—such as officers, directors, and significant shareholders—when they buy or sell shares of their company's stock.
Who is required to file Form 4?
Corporate insiders, including officers, directors, and shareholders owning more than 10% of a company's stock, are required to file Form 4 with the SEC whenever they engage in transactions involving their company's equity securities.
How to fill out Form 4?
To fill out Form 4, insiders must provide details such as their name, title, relationship to the company, the date of the transaction, the number of shares bought or sold, the price per share, and any additional information related to the transaction, and then submit it electronically to the SEC.
What is the purpose of Form 4?
The purpose of Form 4 is to promote transparency in the securities market by requiring corporate insiders to disclose their trading activities in their company's stock, helping to inform investors about the activities of those with privileged access to insider information.
What information must be reported on Form 4?
Form 4 must report information including the insider's name and position, the date of the transaction, the class of securities, the amount of securities owned before and after the transaction, the nature of the transaction (e.g., purchase or sale), and the price of the securities.
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