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This document is filed to disclose changes in the beneficial ownership of securities by reporting persons in accordance with 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 ownership of and transactions in the company's securities.
Insiders, including company executives, directors, and significant shareholders, who buy or sell shares of their company's stock are required to file FORM 4.
FORM 4 requires the filer to provide information such as the name of the reporting person, the relationship to the company, the date of the transaction, the type of security involved, and the price per share.
The purpose of FORM 4 is to promote transparency and prevent insider trading by requiring the disclosure of transactions by insiders.
FORM 4 must report information such as the reporting person's name, relationship to the company, transaction dates, type of security, amount of securities involved, and price at which the transaction occurred.
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