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ADDENDUM to MEMORANDUM OF AGREEMENT Royalties RE: Section 16. The royalties earned by (Author) for the following titles shall be donated to the University of Utah Press:Author designates that all
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What is re section 16?
Re section 16 refers to a section of the Securities Exchange Act of 1934 that requires insiders of a publicly traded company to report their transactions in company stock.
Who is required to file re section 16?
Corporate officers, directors, and beneficial owners of more than 10% of a company's stock are required to file under section 16.
How to fill out re section 16?
Form 4 must be filed electronically with the SEC within two business days of the transaction.
What is the purpose of re section 16?
The purpose of section 16 is to provide transparency and prevent insider trading by requiring the timely disclosure of transactions by insiders.
What information must be reported on re section 16?
Information such as the insider's name, title, relationship to the company, details of the transaction, and the number of shares involved must be reported.
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