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This document is a regulatory filing by an issuer to report changes in beneficial ownership of securities according 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.
Executives, directors, and any other individuals deemed insiders of a company are required to file Form 4 when they buy or sell shares of the company's stock.
To fill out Form 4, insiders must provide their personal information, details of the transaction such as the date, price, and number of shares bought or sold, and any other required information as prescribed by the SEC.
The purpose of Form 4 is to provide transparency into the trading activities of company insiders and to help prevent insider trading by making their transactions public.
Form 4 must report the name of the insider, their relationship to the company, the date of the transaction, the amount of securities involved, the price at which the transaction occurred, and whether the transaction was a purchase or sale.
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