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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned ... Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940.
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Form 4 is a document required to be filed with the Securities and Exchange Commission (SEC) by insiders who engage in transactions involving their company's stock.
Insiders such as officers, directors, and beneficial owners of more than 10% of a class of a company's equity securities are required to file form 4 with the SEC.
Form 4 requires the insider to disclose details of their transactions in their company's stock, including the date of the transaction, the amount of stock involved, and the nature of the transaction.
The purpose of form 4 is to provide transparency to investors and regulators about insider transactions in a company's stock, which can impact the stock price and investor confidence.
Form 4 requires the insider to report any purchases, sales, or other acquisitions or dispositions of their company's stock within a timely manner.
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