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SEC Form 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 3Washington, D.C. 20549OMB APPROVALINITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES OMB Number:32350104Estimated average burden hours
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Form 3 is a document required by the United States Securities and Exchange Commission (SEC) for insiders of publicly traded companies to report their ownership of the company's securities.
Form 3 must be filed by every person who is an officer, director, or beneficial owner of more than 10% of a registered class of the company's equity securities.
To fill out Form 3, individuals need to provide their personal information, details of the securities they own, and any transactions that have occurred. This form can be filled out electronically using the SEC's EDGAR system.
The purpose of Form 3 is to provide transparency regarding the ownership of securities by company insiders, allowing investors to be aware of insiders' holdings.
Form 3 requires reporting of the insider's name, address, the issuer's name, the title of the securities, amount of securities beneficially owned, and details of any transactions.
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