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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).OMB
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Form 4 is a document filed with the SEC by insiders of a company to report their trades of company stock. It provides transparency regarding the buying and selling of shares by executives and other insiders.
Individuals classified as insiders, which include company executives, directors, and other affiliates, are required to file Form 4 whenever they buy or sell shares of their company's stock.
To fill out Form 4, insiders must provide details such as their name, the date of the transaction, the type of securities involved, the number of shares bought or sold, and the price at which the transaction occurred. The form must be filed electronically through the SEC's EDGAR system.
The purpose of Form 4 is to promote transparency in the trading activities of corporate insiders, thereby helping to prevent insider trading and maintain market integrity.
Form 4 requires reporting of the insider's name, relationship to the company, date of the transaction, number of shares involved, price per share, and the type of securities traded (e.g., common stock, options).
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