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OMB APPROVAL OMB Number: 32350287 Expires: January 31, 2005, Estimated average burden hours per response.........0.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 4 STATEMENT
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Form 3 is a document required by the U.S. Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their initial ownership of company securities.
Persons who are considered insiders, including officers, directors, and beneficial owners of more than 10% of a company's equity securities, are required to file Form 3.
To fill out Form 3, insiders must provide their name, address, relationship to the company, and details about the securities they own, including the number of shares and type of securities.
The purpose of Form 3 is to provide transparency in the trading of securities by insiders and to inform the public about their ownership stakes.
Form 3 requires the reporting of the insider's name, address, relationship to the company, the date of becoming an insider, and the amount and type of securities owned.
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