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This document is a filing with the SEC detailing changes in beneficial ownership of securities by insiders of Patient Safety Technologies, Inc.
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Form 4 is a U.S. Securities and Exchange Commission (SEC) form that insiders of publicly traded companies must file to report their ownership of the company's securities.
Insiders affiliated with a public company, including officers, directors, and significant shareholders, are required to file Form 4.
Form 4 can be filled out electronically through the SEC's EDGAR system or manually, including details such as the insider's name, the number of shares bought or sold, and the nature of the transaction.
The purpose of Form 4 is to enhance transparency in the trading activities of company insiders and to provide the public with timely information about insider transactions.
Form 4 must report the insider's name, relationship to the company, transaction date, amount of securities bought or sold, price, and the form of ownership (e.g., direct or indirect).
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