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This document is a statement reporting changes in the beneficial ownership of securities by a reporting person, specifically relating to CELL THERAPEUTICS INC.
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FORM 4 is a document that must be filed by insiders of publicly traded companies to report their buying and selling of the company's stock.
Insiders, which include officers, directors, and any shareholders who own more than 10% of a company's stock, are required to file FORM 4.
To fill out FORM 4, insiders must provide details such as their ownership of the company’s securities, the nature of the transactions, the date of the transaction, and the price of the securities.
The purpose of FORM 4 is to provide transparency regarding insider trading activities and to ensure that investors have access to information about how insiders are buying or selling shares.
The information that must be reported includes the insider's name, the relationship to the company, the date of the transaction, the type of transaction (purchase or sale), the number of shares involved, and the price per share.
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