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This document is for reporting changes in the beneficial ownership of securities by insiders of the company as required by the Securities Exchange Act of 1934.
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Form 4 is a document filed with the Securities and Exchange Commission (SEC) that is used to report changes in the ownership of equity securities by officers, directors, and beneficial owners of more than 10% of a class of equity securities.
Form 4 must be filed by corporate officers, directors, and beneficial owners of more than 10% of a company's equity securities.
Form 4 can be filled out online through the SEC's EDGAR system or manually by providing details such as the identity of the reporting person, the date of the transaction, the amount of securities purchased or sold, and other relevant information.
The purpose of Form 4 is to provide transparency regarding insider trading activities and to inform investors about changes in the stock ownership of key company insiders.
Form 4 must report details including the name of the reporting person, their relationship to the company, the date of the transaction, the transaction type, the amount of securities involved, the price at which the transaction occurred, and the nature of the ownership.
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