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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations
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Form 4 - Abbreviated Form 4 is a document that must be filed with the relevant regulatory authorities when a company insider, such as a director or officer, buys or sells company stock. It is used to report transactions in company securities.
Company insiders, such as directors, officers, and beneficial owners, are required to file Form 4 when they engage in transactions involving company stock.
Form 4 must be filled out electronically using the SEC's EDGAR system. The form requires information about the insider, the company, the securities involved, and the nature of the transaction.
The purpose of Form 4 is to provide transparency to investors and the public by disclosing transactions in company stock by company insiders. This helps prevent insider trading and provides insight into the actions of company insiders.
Form 4 requires reporting of the insider's identity, the date of the transaction, a description of the securities involved, the price at which they were bought or sold, and the nature of the transaction (e.g., purchase, sale, gift).
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