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FORM 3 OMB APPROVAL OMB NUMBER 32350104 EXPIRES: SEPTEMBER 30, 1998, ESTIMATED AVERAGE BURDEN HOURS PER RESPONSE .....0.5 U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 INITIAL STATEMENT
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Form 3 is a financial disclosure form required by the Securities and Exchange Commission (SEC) for reporting insider transactions.
Insiders of publicly traded companies, such as company executives, directors, and large shareholders, are required to file form 3.
Form 3 can be filled out electronically through the SEC's EDGAR system or through a paper form that can be submitted by mail.
The purpose of form 3 is to disclose any initial statements of beneficial ownership of securities by insiders.
Form 3 requires basic information about the insider, details of the securities being acquired, and the nature of the transaction.
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